HP announced its Q3 results today, which were slightly below expectations. It also announced that it is in talks to buy Autonomy Corp., and is exploring alternatives to spin off its PC business, because its CEO wants to get out of the low-margin hardware business and get into the high margin software business.
However, that wasn’t the most shocking news today. This is what was: HP also announced that “it will discontinue operations for webOS devices, specifically the TouchPad and webOS phones.”
If you remember, HP bought Palm last year primarily because it wanted to enter the tablet and smartphone markets. Palm’s webOS was one of the few good options except Android and iOS. It even launched a few new phones like the HP Pre 3, and the HP TouchPad, but they failed to make much of an impact, in terms of sales. Reportedly, some retailers were unable to sell almost 90% of their TouchPad stocks even after continued price cuts.
Even so, today’s announcement comes as a surprise. webOS was a really promising OS, which was considered by some to be better than both iOS and Android.
HP has stated that it “will continue to explore options to optimize the value of webOS software going forward.”, but that just seems to be PR speak for “I don’t have a clue about what I plan to do with this.”
PS: Google is venturing into hardware, HP wants to go all-software; it’s getting a bit crazy out here, in the tech world.