TouchPad sales soar after HP discontinues, drops price

August 22, 2011

The TouchPad, has sold out at HP.com and, reportedly, at Best Buy stores across the country. (David Paul Morris/Bloomberg)

The company has dropped the price of the tablet to $99.99 from its heavily discounted retail price of $399 for the 16GB version and $499 for the 32 GB version. The tablet originally debuted on July 1, starting at $499.

The tablet is completely sold out on HP’s Web site, and Best Buy stores — which had reportedly been sitting on a huge stockpile of the devices — have been cleaned out of their stock over the weekend.

HP and Best Buy have both said they will do a price match for any early adopters who got the TouchPad before the deep discount.

HP spokeswoman Marlene Somsak said the company isn’t going to release any more HP WebOS products, but will sell through any that have already shipped.

So, thanks to the fire sale and the magical $99 price point, the listing for the TouchPad on HP’s Web site says what the company could only have dreamed of a few weeks ago: “Out of stock. Please check back soon.”

Did you buy a TouchPad this weekend? Have you joined the Twitter movement to #savewebOS? Let us know in the comments.

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HP CEO: Shutting down WebOS ‘difficult but necessary’

Hayley Tsukayama covers consumer technology for The Washington Post.
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