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Hewlett-Packard, Microsoft to Release Tablet Computer This Y

Posted: Fri Jul 23, 2010 4:55 pm
by Guru
Hewlett-Packard, Microsoft to Release Tablet Computer This Year
July 23 (Bloomberg) -- Hewlett-Packard Co., the world’s biggest personal-computer maker, reaffirmed its plan to produce a tablet device with Microsoft Corp.’s Windows, saying it will come out this year.

The company continues to work with Microsoft on the project even as it develops devices using its newly acquired Palm operating system, Todd Bradley, a vice president at HP, said today at a conference. HP purchased Palm Inc. this month.

Apple Inc. sold 3.27 million iPads last quarter, marking the first time tablet computers have caught on with mainstream consumers. That’s spurred rival personal-computer makers to release similar devices. HP’s Windows tablet will be aimed at business customers.

Hewlett-Packard rose 8 cents to $46.15 at 4 p.m. in New York Stock Exchange composite trading. Redmond, Washington-based Microsoft, the largest software maker, fell 3 cents to $25.81 on the Nasdaq Stock Market.