H-P (HPQ) Planning Smartphone Launch Before End of 2013; OS Still Undecided (AAPL) (GOOG)

August 2, 2013 2:21 PM EDT
In other Hewlett-Packard (NYSE: HPQ) news today, the company is said to be developing several smartphones, with some launching in the second-half of 2013 at the earliest.

Digitimes noted that H-P CEO Meg Whitman first alluded to the company re-entering the smartphone market last September. The tech giant spent $1.2 billion in 2010 to acquire Palm and introduced devices based on the webOS operating system. Unfortunately, those devices came out just as Apple (Nasdaq: AAPL) was heating up with the iPhone and Google's (Nasdaq: GOOG) Android platform was garnering attention.

Senior director of the Asia Pacific division of HP's Personal Systems Group, Yam Su Yin, affirmed today's news, Digitimes said.

It wasn't speculated on which operating system H-P would go with. Given H-P's still-close ties to the PC industry, it might want to debut with Microsoft's (Nasdaq: MSFT) Windows Phone 8 (WP8). Though it might seem silly now given the response that WP8 has gotten since introduction, the Android market is becoming saturated enough that only a game-changing device would allow H-P to stand out in the crowd.

H-P might also license technology from BlackBerry (Nasdaq: BBRY) and BlackBerry has expressed willingness to do so in the past.

Shares are up 3 percent, but off of earlier session highs.

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Roscoe on 2013-08-04 15:19:11
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Interesting that HP can come up with the will to invest in a new smartphone, an effort that will most likely fail, but they can't be bothered with providing support for a cash cow like OpenVMS under the new Itanium architecture.

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