HP TouchPad sales falling short of expectations at Best Buy stores

HP TouchPad sales falling short of expectations at Best Buy stores
With all these price drops that the HP TouchPad is being treated to, it doesn't take a scientist to conclude that the tablet is not selling as well as the guys at the company expected. Even though the device has been on the market for only about six weeks, HP itself is currently offering its 16-gig Wi-Fi-only version for $400, which is $100 below its original price and less than a Benjamin over its alleged manufacturing cost.

Needless to say, HP is not too happy about all this right now, and the retailers who stocked on TouchPads are probably not feeling any better. Best Buy, in particular, is rumored to have purchased as much as 270,000 units, of which only around 25,000 (about 9%) have managed to find themselves a home. So, what is going to happen to the remainder of HP TouchPad tablets collecting dust in Best Buy's warehouses? According to insider sources, the retailer is so frustrated with the device's poor sales that it has asked for HP to take the unsold units back and has refused to pay the manufacturer any money for them. In response, HP allegedly asked for the retailer to remain patient and will be sending a senior company executive over at Best Buy headquarters in effort to smooth things out.

HP will probably announce the official numbers behind the sales of the tablet tomorrow along with its quarterly report, yet the figures will probably reflect only the amount of TouchPads shipped to retailers. How many of them have been sold to end users, however, will likely remain undisclosed.

source: AllThingsD

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TouchPad
  • Display 9.7" 1024 x 768 pixels
  • Camera / 1.3 MP front
  • Processor Qualcomm Snapdragon S3, Dual-core, 1200 MHz
  • Storage 32 GB
  • Battery 6300 mAh

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10 Comments

1. HTCiscool

Posts: 449; Member since: Jul 16, 2011

Ima wait until the 32GB version sinks to around $340 then i'll get one. For $400 it sounds like a decent tab. On paper this thing is the same as an iPad but costing $100 less.

2. snowgator

Posts: 3621; Member since: Jan 19, 2011

I have the general idea that Tablets just are not a high demand item yet. Why would an average consumer get a Tablet at any price range, when a Smartphone and a laptop make a more versatile combo and are much more what they are used to? I just think manufacturers look at the lines for the iPad and just assumed people would flock to other products like them. I do not think they have. I just think experts and manufacturers alike over estimated Tablet sales potential at this stage. Just my humble. unimportant opinion.

3. saiki4116

Posts: 413; Member since: Mar 31, 2011

may be u r right,but scenerio might change once windows releases win8 tabs which can run all common programs

4. som

Posts: 768; Member since: Nov 10, 2009

HP was wasting billions dollars on WebOS has a few thousands Apps while Android and Apple has more than 250,000 apps.

5. doubler86

Posts: 320; Member since: Jan 26, 2011

This article is true, the touchpads aren't moving at all. Neither is the Acer Iconia 500 and the Motorola Xoom. The Toshiba Thrive rarely sales, people want it for the ports but don't like the size and weight. People that come in wanting tablets will either go with the Samsung Galaxy Tablet 10.1 of they want the best high end tablet, the Asus Transformer if they want the best bang for their buck with expandable ports, and the iPad 2 if they want an apple product that all their friends have.

6. redleg6

Posts: 25; Member since: May 14, 2011

I think a lot of it is a training issue. Sales reps don't really understand how the Touchpad works and how it is different from the android tablets.

7. M0nkeyBr

Posts: 77; Member since: Jul 13, 2011

It failed because it was trying to hard to be a IPad

8. Dr.Phil

Posts: 2478; Member since: Feb 14, 2011

They would sell more if they made the 16GB price $250 to compete directly with the Nook and upcoming Amazon tablet. They would lose in terms of building costs/selling costs ratio, but if you look at companies like Sony with the PS3 they were losing hundreds of dollars but gained it back with games. So, HP needs to amp up their app store and then try to sell this at a lower price and gain back their losses through app purchases.

9. twashington4

Posts: 81; Member since: May 24, 2010

The success of the TouchPad will be determined over the long term. Apple flourishes because they have a long history from the IPod, IPod Touch, ITunes, etc. Plus it's a quality product out the gate. Any techie can tell the IPad and Touchpad are on par as far as features, but that has to be explained to your average consumer. And how do you do that? Training and apps. Best Buy employees, at least the ones I've encountered are clueless about how to use the HP TouchPad. If anything, they need to put a HP rep in each store to demo the thing. As far as apps go. For those of you who thought the HP TouchPad was going to ship with 100,000 apps off the bat, you're idiots. No tablet is going to do that. I really like the multitasking features of webOS myself. If anything it would be great to combine that feature with Android's app base.

11. myclevername

Posts: 94; Member since: Jun 07, 2010

I know I'm waiting for a Windows 8 Looking Glass Tablet coming out next year. All the tablets out now are just giant phones that don't make calls.

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