Linked by Thom Holwerda on Tue 30th Aug 2011 21:25 UTC
PDAs, Cellphones, Wireless We're living in crazy times, that's for sure. Less than two weeks ago, HP announced it was going to quit making webOS devices. To get rid of existing stock, HP drastically cut the price of the TouchPad to a mere $99 - and this has resulted in a massive run on the device. Lines formed everywhere, and the device is now completely sold out. So, HP has just announced it is going to... Build an additional limited run of TouchPads.
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In Before "Stupid"...
by umccullough on Tue 30th Aug 2011 21:33 UTC
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So, I'm sure people are going to be shaking their heads and wondering how HP plans to make a profit off "volume losses"...

The current speculation is that they have many spare parts and/or manufacturing contracts that they're already committed to - and rather than throw these away (and possibly pay a huge fee in hazmat recycling costs, etc.), it makes more financial sense to use the remaining stock to assemble/build more units and give people a chance at having one to recoup some expense that has already been realized anyway.

It also gives webos app devs a few more devices to potentially eek some revenue from ;)

Edit: Damn, missed!

Edited 2011-08-30 21:34 UTC

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