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What HP's Big Bet on WebOS Cost the CompanyWired News - 22 Nov, 2011HP was ready to go to the mattresses in an all-out mobile war against Apple. Instead, HP's TouchPad was prematurely put to sleep, and the company is still nursing its wounds. In its quarterly earnings report conference call on Monday, ... |
Killing Palm Cost HP About $1.7 Billion This Quarter (HPQ)San Francisco Chronicle - 22 Nov, 2011Hewlett-Packard took charges of more than $2 billion this quarter related to the end of its Palm hardware business. $885 million from the "impairment of goodwill and purchased intangible assets" mostly related to Palm. This is basically the value of ... |
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webOS: HP says OS is “winding down”ElectricPig.co.uk - 22 Nov, 2011It's been a while, but it seems webOS is finally at death's door. During an earnings call to investors last night, HP openly discussed the, “… wind down of [its] webOS device business,” finally suggesting that the end is night for the ... |
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HP results make grim reading: what new for WebOS?Mobot.net (blog) - 22 Nov, 2011Only a couple of weeks ago, we were telling you how much analysts reckon HP could make if it were to sell off webOS. Considering the fact that it cost HP $1.2bn to get hold of, yet saw HP bleeding to the tune of $3.3bn over the past year, you wonder if ... |
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webOS Cost HP $3.3 BillionGeeky gadgets - 22 Nov, 2011HP has just released its latest financial reports, and included in the reports is how much webOS actually cost the company, which is a massive $3.3 billion, which include the purchase price of Palm and also the running costs of producing the HP ... |
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HP & Intel open Palm sale talks; webOS printers still in pipelineSlashGear - 22 Nov, 2011HP is still quietly shopping webOS around among with other Palm assets, according to sources, but insisting that potential buyers of the platform agree to license it back for use in future HP printers. Intel has just entered discussions with HP, ... |
As Palm bidding continues, HP wants a sweet deal to keep webOS in printers ...VentureBeat - 22 Nov, 2011For some strange reason, HP is still really hot on the idea of mating webOS with its printers " to the point where it has become a crucial part of its negotiations to sell off its Palm assets. In addition to settling on a good price for the Palm ... |
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The wind down of HP's webOS device businessIntoMobile - 22 Nov, 2011Hp announced its fourth quarter earnings today and, while the company is doing ok, webOS is at death's door. In the full report, webOS was mentioned 25 times and each mention was about the loss the company incurred from “the wind down of HP's webOS ... |
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HP blew $3.3 billion killing Palm and webOSMobile Burn - 22 Nov, 2011HP released its Q4 2011 financial results this afternoon, and while the company did better than Wall Street expected it to in total, it still managed to lose billions of dollars on the webOS platform. Last year, HP bought Palm for $1.2 billion, ... |
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Just Let webOS Die AlreadyGizmodo - 22 Nov, 2011HP's earnings were brutal this past quarter, sure. In response, new CEO Meg Whitman's clarion call to investors, repeated over and over again? We need to be more clear. We need to let you know what's going on. For all of Whitman's posturing about the ... |
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HP reports $3.3 billion dollar loss on webOSTabTimes - 22 Nov, 2011HP's Q4 2011 earnings report sheds light on the real cost of the company's webOS failure. Even though HP reported higher-than-expected earnings today on revenue of $32.1 billion, the company's revelations ... |
HP's Failed webOS Experiment Cost Them $3.3 Billion, But What's Next?TechCrunch - 22 Nov, 2011Chris Velazco is a mobile enthusiast and writer who studied English and Marketing at Rutgers University. Once upon a time, he was the news intern for MobileCrunch, and in between posts, he worked in wireless sales at Best Buy. ... |
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HP Lost Billions on Palm and webOSGotta Be Mobile - 22 Nov, 2011We knew that HP bet huge on Palm and webOS and lost but what we didn't know is just how much it lost. Well, according to the fourth quarter figures that the company today, it appears that it blew $3.3 billion on the venture. ... |
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HP Blew $US3.3b On WebOSGizmodo Australia - 22 Nov, 2011HP will tell the investors just how rocky its waters are later tonight, but for now, enjoy this gem: the company lost $US3.3 billion solely through buying and squandering webOS. HP describes this staggering money-flushing as “the wind down of HP's ... |
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HP burns through $1.7 billion to “wind down” webOS businessLiliputing - 22 Nov, 2011HP may have spent $1.2 billion to acquire Palm and its webOS operating system last year, but the move is turning out to be a much more expensive flop than that figure would suggest. HP just released its financial earnings data for the fourth quarter of ... |
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WebOS write-off costs HP $3.3BUbergizmo - 22 Nov, 2011In today's earning call from HP, the world has learned that HP has spent $3.3 Billion to write off things related to Palm and WebOS. This comes less than two years after HP spent $1.2 Billion to acquire Palm in ... |
HP wasted billions on Palm and webOSThe Verge - 22 Nov, 2011HP just reported its Q4 2011 financial results, and although it managed a slight profit of $200 million, the real news is in the webOS numbers: the company spent a big chunk of $3.3 billion this ... |
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HP Earnings Beat Estimates; $3.3 Billion Writeoff for TouchPad and webOSInternational Business Times - 22 Nov, 2011Hewlett-Packard, the world's largest computer company, reported fourth-quarter earnings that exceeded expectations even as sales of PCs and printers fell. As well, the company wrote off a record $3.3 billion of the failure of its TouchPad in the tablet ... |
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