Few days back HP touch Pad price is arround 500 USD.  There was fire sale in USA last weekend, HP slashed its price for its touch pad from 500 USD to 99 USD.  This news reached me late , So could not grab HP touch pad tablet for 99 USD. And i guess entire stock got over in a day.

Those who got dozens selling it on ebay for arround 300 USD and making quick bucks.

Inside story
HP’s new TouchPad tablet has been discounted to $99 in the midst of the company’s hasty exit from the tablet and smartphone game. So when HP acquired Palm and its WebOS software last year for $1.2 billion, the strategy made a lot of sense. After years of building Windows laptops and desktops, HP wanted its own widget to control.After years of building Windows laptops and desktops, HP wanted its own widget to control. In February, the company announced a pair of new phones and the TouchPad, a WebOS tablet. HP also spoke of bringing WebOS to printers, automobiles and even home appliances like stoves and refrigerators.
Top it all off, the TouchPad was buggy and sluggish at launch. Although a software update later alleviated some the TouchPad’s issues, reviewers could only critique what they were given: an unfinished product.

Turns out, controlling the whole widget is a massive undertaking. After acquiring Palm, HP suddenly had to create innovative hardware, squash bugs from its software and encourage developers to build cool apps. In the case of smartphones, they also had to build relationships with wireless carriers, who ultimately subsidize and sell handsets to consumers. All of that is a huge leap from installing Windows on laptops and PCs and shipping them out the door. If no one’s buying the product, why bother with all that effort?

Strictly from a financial standpoint, controlling hardware, software and services is the way to go. Companies who do so get to control their own destiny, as Ben Bajarin put it, while also reaping all of the rewards. But in the smartphone and tablet market, I’ve yet to see evidence that anyone but Apple can pull it off. Palm failed, which is why it had to be sold to HP in the first place.

Other few failures

RIM (Research in Motion ) Black Berry stuff  — Strugling big time.
MeeGo OS  — Nokia — Full failure. Now Nokia working with MicroSoft
Google plans to acquire Motorola for 12 Billion USD.

Guess who is ruling ??  —– Apple ofcourse. Full in house, OS, Hardware etc. No wonder they will make huge profits.

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