HP & Intel open Palm sale talks; webOS printers still in pipeline

Release Date 22 Nov, 2011 in SlashGear

	What HP's Big Bet on WebOS Cost the Company Wired News - 22 Nov, 2011 HP 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, 2011 Hewlett-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 ...
HP writes down nearly $1.7B in losses on Palm investment FierceWireless - 22 Nov, 2011 Hewlett-Packard wrote down a total of $1.67 billion in its fiscal fourth quarter related to its decision to wind down its webOS device business, the company said, giving a financial postscript to its $1.2 billion acquisition of Palm in 2010. ...
HP to 'wind down' webOS as Q4 2011 profits drop 91% to $239 million Pocket Gamer.Biz - 22 Nov, 2011 Newly appointed CEO Meg Whitman may have sat on the fence regarding webOS's future since she took up the position, but it appears the firm's bottom line may have made the decision for her. Profits slid 91 percent year-on-year to $239 ...
HP seeks to keep webOS in printers San Francisco Business Times - 22 Nov, 2011 As it seeks a buyer for Palm's webOS operating system, Hewlett-Packard Co . is looking to continue use of the software in its printers, VentureBeat repots. HP (NYSE: HPQ) is said to be making the issue a crucial point of its negotiations with potential ...
	Hewlett Packard and Intel in talks over Palm sale THINQ.co.uk - 22 Nov, 2011 Hewlett Packard and Intel are currently discussing whether the chip giant will buy out the now-defunct hardware division previously known as Palm as well as the webOS operating system. The sale is not as clear cut as might be expected. ...
HP's sale of webOS may hinge on the company licensing it back for use in printers The Verge - 22 Nov, 2011 The past year and a half has been quite the roller coaster for the team at HP, and now that we're nearing the conclusion of the ride, there's one final hurdle to overcome: deciding what to do with ...
	Intel in talks with HP over Palm sell-off TechRadar UK - 22 Nov, 2011 HP is in discussions with Intel to buy off the company's Palm assets �" the most important of which is WebOS. In a week where HP's financial numbers revealed that WebOS, the acquisition of Palm and the running costs to produce the HP ...
HP's drop in profits puts future cloud strategy into question Business Cloud News - 22 Nov, 2011 Hewlett-Packard has announced a staggering 91% drop in fourth-quarter profits in 2011, following the company's decision in August to drop under-achieving WebOS hardware in order to focus on future software and cloud computing infrastructure. ...
webOS: HP says OS is “winding down” ElectricPig.co.uk - 22 Nov, 2011 It'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 ...
HP results make grim reading: what new for WebOS? Mobot.net (blog) - 22 Nov, 2011 Only 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 ...
	HP's profit sinks 91pc in fourth quarter Siliconrepublic.com - 22 Nov, 2011 HP's incurring of costs from its decision last August to stop selling tablets and smartphones based on the webOS software it acquired when HP purchased Palm earlier this year may have contributed to the company's profit falling 91pc in the fourth ...
	webOS Cost HP $3.3 Billion Geeky gadgets - 22 Nov, 2011 HP 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 ...
	HP & Intel open Palm sale talks; webOS printers still in pipeline SlashGear - 22 Nov, 2011 HP 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, ...
	Hewlett-Packard posts 91% plunge in fourth-quarter profits FinFacts Ireland - 22 Nov, 2011 By Finfacts Team Hewlett-Packard on Monday posted a 91% plunge in fourth-quarter profits after taking a $3.3bn charge to close down its WebOS business. HP reported a profit of $200m on total sales of $32.1bn for the quarter ending 31 October down from ...
As Palm bidding continues, HP wants a sweet deal to keep webOS in printers ... VentureBeat - 22 Nov, 2011 For 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 ...
HP blew $3.3 billion killing Palm and webOS Mobile Burn - 22 Nov, 2011 HP 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, ...
Just Let webOS Die Already Gizmodo - 22 Nov, 2011 HP'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 ...
	HP reports $3.3 billion dollar loss on webOS TabTimes - 22 Nov, 2011 HP'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, 2011 Chris 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. ...
HP Lost Billions on Palm and webOS Gotta Be Mobile - 22 Nov, 2011 We 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. ...
HP Blew $US3.3b On WebOS Gizmodo Australia - 22 Nov, 2011 HP 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 ...
HP burns through $1.7 billion to “wind down” webOS business Liliputing - 22 Nov, 2011 HP 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 ...
	WebOS write-off costs HP $3.3B Ubergizmo - 22 Nov, 2011 In 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 webOS The Verge - 22 Nov, 2011 HP 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 ...
	HP Earnings Beat Estimates; $3.3 Billion Writeoff for TouchPad and webOS International Business Times - 22 Nov, 2011 Hewlett-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 ...