HP TouchPad sold out after weekend fire sale

HP TouchPad
Hewlett-Packard
(CBS) - Hewlett-Packard's TouchPad set the Internet wild over the weekend after the tablet's fire sale.

Full coverage of HP on Tech Talk
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Retailers nationwide dropped the price of HP's TouchPad from $399 to $99 and $499 to $149 for the 16GB and 32GB models, respectively. For comparison sake, Apple's iPad starts at $499 for a 16GB model. News spread quickly on Saturday and by Monday morning the tablets were sold out at chains like Barnes & Noble and Best Buy.

The fire sale came only one day after the announcement that the tablet would be discontinued, leaving its operating system, webOS, out in the cold.

A week ago Arik Hesseldahl at AllThingsD reported that Best Buy was only able to sell 10% of the 270,000 TouchPads in stock. The electronics retailer was obviously unhappy with the lackluster numbers. According to Hesseldahl's source, Best Buy "told HP it [was] unwilling to pay for all the TouchPads taking up expensive space in its stores and warehouses, and want[ed] HP to take them back."

We're guessing this is how HP responded to the complaints. It was probably one of the smartest moves the company has made regarding the tablet. Hey, it's got us all talking, right?

The success of the sale leaves us feeling there was never an issue of product, but price point. Non-Apple consumers just aren't ready to spend that kind of money on, well, non-Apple products.

Consumers who want to live dangerously can still buy the TouchPad on eBay, however, keep in mind that webOS is no longer supported. Meaning, there will be no new apps and no updates for the tablet.

Perhaps the show of interest will convince HP to keep developing lower-priced products for webOS.

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