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22Nov/110

HP Reports $3,300,000,000 Loss with webOS

Last night's earnings call with HP yielded no news on the future of webOS. However, looking at the reported numbers is somewhat depressing. HP is reporting a 2011 loss in regards to its webOS operations of $3.3 Billion.

At this point, there's really no need to pile-on. HP's handling of the Palm acquisition and the webOS product rollout was devastating to our beloved mobile OS.

Certainly, much of that 3.3 billion is related to product cancelations, severance packages, and development of new products that will never see the light of day. But it's still staggering to see such a loss for a brand that once had so much promise.

The question is … will HP have any motivation whatsoever to do anything with this albatross?

[Source: HP]

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