Posted: August 18, 2011 in opinion

HP said Thursday that it will discontinue its WebOS operations as the company cut its outlook for the next two quarters.

The company said it will discontinue operations for WebOS devices, specifically the TouchPad and WebOS phones. And that WebOS unit will cost HP some dough to discontinue. HP will also spin off its PC unit.

HP said that it will take a hit to fiscal 2011 earnings of $1.16 a share to $1.23 a share as it restructures and shuts down WebOS devices and related operations. There were signs that TouchPad sales were bleak, but a complete shutdown of WebOS operations was unexpected.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s