Hewlett Packard plans to crank out "one last run" of TouchPads, days after declaring it will kill off a line of tablets that failed to challenge Apple Inc's command of the booming market according to the good people at Reuters.
A day after the chief of HP's personal devices division told Reuters the TouchPad might get a second lease on life, HP announced a temporary about-face on the gadget after being "pleasantly surprised" by the outsized demand generated by a weekend fire-sale.
As readers may remember, HP slashed the price of its tablet to $99 from $399 and $499 the weekend after announcing the TouchPad's demise on Aug. 18, part of a raft of decisions intended to move HP away from the consumer and focus on enterprise clientele. That ignited an online frenzy and long lines at retailers as bargain-hunters chased down a gadget that had been on store shelves just six weeks.
"The speed at which it disappeared from inventory has been stunning," the company said. "We have decided to produce one last run of TouchPads to meet unfulfilled demand."
Read all about it at http://www.reuters.com/article/2011/08/31/hp-touchpad-idUSN1E77T22220110831
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