HP (NYSE: HPQ) says it will be launching its TouchPad tablet in the summertime. The tablet will be running Palm's webOS and could be priced at $699. The webOS will also be made available for desktop PC's.
"PCs?" Said Andy "Raw" Kibbens, co-CEO of The Markets Are Open upon hearing the news. "Apple's [(NASDAQ: AAPL)] moved way past that. No one will have a PC anymore. Surprisingly, they're too expensive for organizations to keep powered all day and they're being phased out. It's become much more economical to bring your laptop and just plug it in."
Kibbens continued on the subject of hp, "... and they think they can compete with Apple by charging more hahaha (more laughter) ... if I can get an iPad for a more affordable price, I'm not even looking at the HP TouchPad Tablet device. Basic supply and demand; HP doesn't stand a chance against Apple's iPad especially since it has more apps and the world knows that Apple is the highest-end luxury product on the market."
Click here for an HP TouchPad video.
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