HP To Launch New Handsets Into Jaws Of Competive Market

Loading...
Loading...
Hewlett-Packard
HPQ
made a mistake when it bought Palm. It is about to make a much more costly mistake in launching a series of smartphones that run the rickety Palm webOS, scheduled for early next year. The mobile operating system was a failure for Palm. There is no reason to believe that HP can change that. Palm ran into two problems when it launched its Pre generation of handsets. The first is that Palm had neither the distribution network nor the marketing budget to support its launch. The second problem was that Palm was forced to enter a market dominated by Symbian, Apple
AAPL
OS, and Blackberry
RIMM
OS smartphones. Google
GOOG
had also recently released its Android mobile operating system.
Continue reading the article
.
Market News and Data brought to you by Benzinga APIs
Posted In: Short IdeasTechTrading IdeasCommunications EquipmentComputer HardwareInformation TechnologyInternet Software & ServicesPalm
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...