Feeds

HP murders webOS tablets, phones

Confirms PC biz spinoff 'discussion'

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

HP has announced that it will discontinue its webOS TouchPad and webOS phones, just weeks after the arrival of the TouchPad and a little more than a year after the company acquired the webOS mobile operating system from Palm in a $1.2bn purchase.

In a press release floated before the company's quarterly earnings call, HP also confirmed that it is considering a spinoff of its PC business. In April, the company announced that it would bring webOS to PCs as well as new mobile devices.

Separately, the statement confirmed that HP is in discussions to buy enterprise software company Autonomy. The HP homepage, however, clearly says that the company is "to acquire Autonomy":

HP Autonomy homepage screen

HP homepages as of 1pm Pacific time on Thursday

Earlier today, Bloomberg News reported that HP would be acquiring Autonomy for $10bn, and when contacted by The Register, the company declined to discuss the report, which also said that HP would spinoff its PC business.

"HP...plans to announce that its board of directors has authorized the exploration of strategic alternatives for its Personal Systems Group (PSG). HP will consider a broad range of options that may include, among others, a full or partial separation of PSG from HP through a spin-off or other transaction," read Thursday's press release from HP.

"In addition, HP reported that it plans to announce that it will discontinue operations for webOS devices, specifically the TouchPad and webOS phones."

The company said it would "continue to explore options to optimize the value of webOS software going forward."

This week, AllThingsD reported that US retailer Best Buy is sitting on about 250,000 unsold TouchPads, and HP had slashed the price of the tablet in hopes of selling more units.

In its press release, HP said that its fiscal third quarter revenues reached $31.2 billion, up from $30.7 billion a year ago. This is less than Wall Street analysts anticipated, and they will also be disappointed with HP's fourth quarter forecast, which puts revenues between $32.1 billion to $32.5 billion.

HP announced that its total fiscal 2011 revenue will be $127.2 billion to $127.6 billion range, which is less than its previous estimates: between $129 billion and $130 billion. ®

Update: This story has been updated with additional info from HP's press release and HP.

Providing a secure and efficient Helpdesk

More from The Register

next story
TEEN RAMPAGE: Kids in iPhone 6 'Will it bend' YouTube 'prank'
iPhones bent in Norwich? As if the place wasn't weird enough
George Clooney, WikiLeaks' lawyer wife hand out burner phones to wedding guests
Day 4: 'News'-papers STILL rammed with Clooney nuptials
iPAD-FONDLING fanboi sparks SECURITY ALERT at Sydney airport
Breaches screening rules cos Apple SCREEN ROOLZ, ok?
Crouching tiger, FAST ASLEEP dragon: Smugglers can't shift iPhone 6s
China's grey market reports 'sluggish' sales of Apple mobe
Apple's new iPhone 6 vulnerable to last year's TouchID fingerprint hack
But unsophisticated thieves need not attempt this trick
The British Museum plonks digital bricks on world of Minecraft
Institution confirms it's cool with joining the blocky universe
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.