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HP begins TouchPad clearance with $99 fire sale

post #1 of 242
Thread Starter 
Resellers have begun clearing HP TouchPad inventory with a drastic sale that cuts the price of 16GB and 32GB models to $99 and $149, respectively, just one day after the device was discontinued.

Update: webOSroundup reports that HP is offering either a full refund or a credit for the price difference to earlier TouchPad buyers. Also, an HP spokesperson has said that all TouchPads are sold out in the U.S., but more are coming soon.

The company reportedly sent a memo to its affiliates announcing the $300 price cut, which is on top of a $100 price cut that went into effect earlier this month, as noted by PreCentral.net.

"HP will be lowering the price of the TouchPad beginning Saturday 8/20/11. This is the lowest price ever for the TouchPad so please post it as soon as it goes live," the alleged memo read.

Though the sale is set to begin on Saturday, some resellers, including Best Buy Canada and Future Shop, are already listing the new pricing, though both appear to have quickly sold out of the device.

The discounts are likely fueled by a $100 million write-off that HP took for unsold TouchPad inventory. Resellers, including Best Buy, were said to have complained to HP about the overstock, refusing to pay for the hundreds of thousands of leftover units.



The world's largest PC maker announced Thursday that it would discontinue the webOS smartphone and tablet business that it acquired by purchasing Palm last year. The company is also considering spinning off its high-volume, but low-profit PC business in order to focus on software and services.

The cancellation of the TouchPad has been viewed as a major victory for Apple and the iPad, with some pundits reiterating their belief that the "tablet market" is really only an "iPad market."

As far back as March, J.P. Morgan analyst Mark Moskowitz warned that non-iPad tablets could face a "bubble burst" as potential excess supply could result in overstock. In June, he reported that competitors appeared to have reduced build plans after weak sales gave them an "early dose of reality."

Earlier this week, sources within the tablet manufacturing industry suggested that upcoming price cuts from vendors could trigger a price war as non-iPad tablet makers slashed margins in order to gain price advantages over competitors.
post #2 of 242
That's odd - I just went to Bestbuy.com and the Touchpad is showing as 'sold out online'. I thought they had a quarter million of these lying around?

Maybe they just pulled them offline in advance of the big sale - so they don't have customers upset for paying full price.
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post #3 of 242
That's quite a fire sale.

I'm sure it will sell now, but how funny would it be if they still can't sell through their quantities of touchpads?
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post #4 of 242
At $99, it may be worth it, if only as a portable web device and novelty.
post #5 of 242
"Get your limited edition tablet!"

"They're going away fast!"

"With prices this low, we must be discontinuing the entire line and giving up entirely crazy!"
post #6 of 242
[QUOTE=AppleInsider;1925151]Resellers have begun clearing HP TouchPad inventory with a drastic sale that cut the price of 16GB and 32GB models to $99 and $149, respectively, just one day after the device was discontinued.

Great! Let's let HP drive the stock market down even further! Today they out-did themselves.

Actually, the damage was done yesterday. I'm just lamenting...
post #7 of 242
Quote:
Originally Posted by tallest skil View Post

"get your limited edition tablet!"

"they're going away fast!"

"with prices this low, we must be discontinuing the entire line and giving up entirely crazy!"

awesome!
post #8 of 242
Wow, that's a pretty amazing price for a device that is well-made and with an OS that, in general, appears ti be pretty well-liked.

I kinda wish this deal existed in Australia, I'd probably pick one up for my gf, if only so that she stopped stealing my iPad :-)
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post #9 of 242
Quote:
Originally Posted by ameldrum1 View Post

Wow, that's a pretty amazing price for a device that is well-made and with an OS that, in general, appears ti be pretty well-liked.

I kinda wish this deal existed in Australia, I'd probably pick one up for my gf, if only so that she stopped stealing my iPad :-)

Trust me, she wouldn't think you were being genuine! ...and would probably still keep stealing your iPad.
post #10 of 242
Quote:
Originally Posted by KPOM View Post

At $99, it may be worth it, if only as a portable web device and novelty.

And watching movies. At $99 these aren't a bad deal. But that's probably all they're worth.
post #11 of 242
Pundits. Pfft. They get paid to troll.
But looks like people really did want the HP TouchPad, just not at reasonable prices. I think there is a tablet market--correction--a non-iPad market for diehard Apple haters who want a tablet experience. But it's about as big as the market for the Zune and whathaveyou music players. My opinion of course.

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post #12 of 242
Something is fishy. I ordered one online from Best Buy Canada at the $99 price, selected my store for pickup (delivery not available), everything went through fine, even gave my credit card info and secret password for my visa, got order number and confirmation, only to have Best Buy cancel the order about 10 minutes later.

So this is either bogus, a fishing attempt to gauge demand, or whoever said there were 250,000 Touchpads lying around is full of BS.
post #13 of 242
Quote:
Originally Posted by Suddenly Newton View Post

I think there is a tablet market--correction. My opinion of course.

You're words, taken out of context, but I think this is the reality of what's happening. A tablet market correction...
post #14 of 242
Quote:
Originally Posted by DarrenHD View Post

Something is fishy. I ordered one online from Best Buy Canada at the $99 price, selected my store for pickup (delivery not available), everything went through fine, even gave my credit card info and secret password for my visa, got order number and confirmation, only to have Best Buy cancel the order about 10 minutes later.

So this is either bogus, a fishing attempt to gauge demand, or whoever said there were 250,000 Touchpads lying around is full of BS.

boo hoo

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post #15 of 242
I work for distribution and we have at least 35,000 sitting in our warehouses. I think we stopped sales of them and are forcing HP to buy them back or risk losing all business with is.

I don't don't really agree with that but that's what's happening on distributions side.

We sell to the Best Buy's, Newegg's, CDW's and so on but I can't speak for the resellers. For all I know they might seek a refund from us.
post #16 of 242
I can think of a lot of things I'd rather have for $100 than an obsolete tablet for which no bug fix, security update, or hardware support of any kind will ever be available.
post #17 of 242
HP and Dell's websites have got to be the UGLIEST websites I have ever seen! Talk about no design and so 90's!!
post #18 of 242
I'll only buy it if Russell Brand sends Katy Perry over to 'give it to me.'
post #19 of 242
$99 for a dedicated bathroom web browser almost seems worth it.

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post #20 of 242
As a retailer, I wouldn't sell them. The price is good, but there will be no support. People will eventually be mad with the purchase. Many people probably will still want to return them. I'd send them back.
post #21 of 242
in ca only or what? I called a few places around here (U.S.) and they had no idea what I was talking about. In fact I was even told by the Radio Shack monkey that "HP makes the best computers out there." I guess that's why they are essentially dropping their pc business and are giving the tablets away for free... who knew?
post #22 of 242
Quote:
Originally Posted by TBell View Post

As a retailer, I wouldn't sell them. The price is good, but there will be no support. People will eventually be mad with the purchase. Many people probably will still want to return them. I'd send them back.

i would buy one for a dedicated shitter internet device.
post #23 of 242
Quote:
Originally Posted by jragosta View Post

That's odd - I just went to Bestbuy.com and the Touchpad is showing as 'sold out online'. I thought they had a quarter million of these lying around?

Maybe they just pulled them offline in advance of the big sale - so they don't have customers upset for paying full price.

Or, now that they got HP to approve the fire sale, they have pulled the stock and are saving it for a big sale of their own. Put it on the front page of their weekly sales flyer and use it to lure people into their store hoping they'll by more than just the tablet. That would be about what I'd expect from Best Buy.
post #24 of 242
Quote:
Originally Posted by mplaisance View Post

Talk about no design and so 90's!!

You mean overdesign.

The best design is as little design as possible.
post #25 of 242
Quote:
Originally Posted by Tallest Skil View Post

You mean overdesign.

The best design is as little design as possible.

Yes very true! They should copy Apple's website too!
post #26 of 242
I bought a 16GB one for a little over $90 after tax from HP.com with the $15 off coupon courtesy of Slickdeals. For that price you can't really go wrong.
post #27 of 242
this is a savage price massacre on all those cheap-o Android tablets that suckers buy. they won't sell any of them until the TouchPad glut is cleared out. and the even higher end brands like Samsung will have to knock $50-$100 off their prices too just to keep some sales going. however poor those sales are (they never say). Samsung might finally bite the bullet and dump the million+ 7" Froyo Galaxy tabs still sitting in warehouses and stockrooms after almost a year for $99 too. this might be their last chance to get anything for them at all.

and RIM's PlayBook? well, they shoot horses, don't they?

a true market Bloodbath.
post #28 of 242
I blame Russell Brand and Manny Pacquiao for webOS's demise..
post #29 of 242
Quote:
Originally Posted by Tallest Skil View Post

You mean overdesign.

The best design is as little design as possible.

So is AAPL's design of their web site, over-reaching with HTML5 an over-design? Some time you have to over-design to set the standard.
post #30 of 242
Quote:
Originally Posted by bigdaddyguido View Post

That's quite a fire sale.

I'm sure it will sell now, but how funny would it be if they still can't sell through their quantities of touchpads?

Oh they'll sell, just look at the other posts. As a "shitter" tablet if nothing else.

If my father didn't teach me a LOT about the stock market, I would say this was a brilliant move to gain both Mind Share and Market Share. If people (tablet makers) are 'bidding' for mind share (a.k.a the AI article of bidding on Turkey's tablet initiative).

Watching the stocks, this is real. If they turn around on this, it will re-write all the schools of thought. I don't think HP are that revolutionary.
post #31 of 242
The Kin is no longer famous. TouchPad sets a new record. but at least it sold more, right?
post #32 of 242
I'd almost consider getting a couple just to use as infinitely customizable decoration elements in my place... either that or just for shitter tablets (the best device category ever).
 
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post #33 of 242
just ninety-nine bucks? heck, at that price i'm gonna buy zero.
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post #34 of 242
as soon as i posted my previous message i thought "what about an electronic picture frame?" does anyone know if they have a slideshow type app? that might actually make it worth it for me.
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post #35 of 242
Quote:
Originally Posted by auxio View Post

I'd almost consider getting a couple just to use as infinitely customizable decoration elements in my place... either that or just for shitter tablets (the best device category ever).

HP has dominant 95% marketshare of the shitter tablet category.
And it is because they make the best shitter tablets.
post #36 of 242
Quote:
Originally Posted by auxio View Post

I'd almost consider getting a couple just to use as infinitely customizable decoration elements in my place... either that or just for shitter tablets (the best device category ever).

YES I would mount it on the wall and set the thing to rotate thru my iPhoto picture library, the hardest part is threading a wire in the back to have it powered up to the charger. Could also use it to display the time and weather. what else? does it have a camera then I could use it as a survellance device

hmmm

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Originally by Rickers - 2014 : Cook & will bury Apple.  They can only ride Steve's ghost so long.



 Originally Posted by  thataveragejoe :  Next week  Korea Times, "I'm gay too"-Samsung



 



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post #37 of 242
What is this going to do to pricing for other also-ran tablets?

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post #38 of 242
Quote:
Originally Posted by Paul94544 View Post

YES I would mount it on the wall and set the thing to rotate thru my iPhoto picture library, the hardest part is threading a wire in the back to have it powered up to the charger. Could also use it to display the time and weather. what else? does it have a camera then I could use it as a surveillance device

Bingo. I'd guess that it only needs to be charged once a day, so you could do that at night. Get a cheapo wireless webcam and you could have the video displayed on it through the web browser.

Live streaming news (or anything) feeds (RSS), artwork (traditional or otherwise), intercom system...
 
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post #39 of 242
Quote:
Originally Posted by auxio View Post

I'd almost consider getting a couple just to use as infinitely customizable decoration elements in my place... either that or just for shitter tablets (the best device category ever).

YES I would mount it on the wall and set the thing to rotate thru my iPhoto picture library, the hardest part is threading a wire in the back to have it powered up to the charger. Could also use it to display the time and weather. what else? does it have a camera then I could use it as a survellance device

hmmm

Originally by Rickers - 2014 : Cook & will bury Apple.  They can only ride Steve's ghost so long.



 Originally Posted by  thataveragejoe :  Next week  Korea Times, "I'm gay too"-Samsung



 



Reply

Originally by Rickers - 2014 : Cook & will bury Apple.  They can only ride Steve's ghost so long.



 Originally Posted by  thataveragejoe :  Next week  Korea Times, "I'm gay too"-Samsung



 



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post #40 of 242
Quote:
Originally Posted by Pooch View Post

as soon as i posted my previous message i thought "what about an electronic picture frame?" does anyone know if they have a slideshow type app? that might actually make it worth it for me.

Actually, what if you had a GF...

Seriously, not bad as a PF. Could be cool. The multitasking is way better than iOS or Android. Would love to see it on the iPad!!!

"You don't always get what you want. You get what ya need!" Some one help me with the song title here so I don't get sued.

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