H-P discontinues webOS handsets, tablets
SAN FRANCISCO (MarketWatch) -- Hewlett-Packard Co. said Thursday afternoon that it plans to discontinue operations for its webOS devices, such as the Pre wireless handsets and TouchPad tablet. H-P HPQ -7.33% announced the move in the final hour of trading on Thursday, along with preliminary results for its third fiscal quarter. The company said it will "continue to explore options to optimize the value of webOS software going forward." The company acquired the webOS mobile operating system when it bought Palm Inc. last April in a deal worth $1.2 billion in cash. The TouchPad went on sale last month to tepid reviews and has seen disappointing sales since the launch, according to various media reports.
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H-P discontinues webOS handsets, tablets - MarketWatch