June 30, 2011, 2:46 PM — Industry analysts are so-so about prospects for HP's TouchPad tablet, which goes on sale Friday. The temper and tone of their conclusions reflect many of the product reviews appearing today, in which the TouchPad often suffers in comparison to the industry-leading Apple iPad.
On paper, TouchPad has many of the features and capabilities of rival tablets, including those based on Google's Android operating systems. The pricing is comparable, $500 for the 16GB model and $600 for the 32GB model. Above this, the HP device features the innovative webOS firmware and user interface, acquired with the $1.2 billion buyout of Palm, which was completed a year ago almost to the day.
HP also has extensive relationships with retailer chains through which it will be able reach consumers, including Amazon, BestBuy, Radio Shack and Wal-Mart.
But analysts aren't convinced that these add up to a home run for TouchPad, or even a triple.
"Apple has such as big lead and Android has so many manufacturers at so many price points, that HP is squeezed between the high price/high functionality of the iPad and the variety and expected lower price points of Android," says Ken Dulaney, vice president of mobile at Gartner. "The bugs listed by Walt Mossberg today in his Wall Street Journal review are what many saw in early RIM Playbooks as well. Quality can permanently kill a product's chances. His report is very serious."
Some reviewers said that they were told by HP that the company is aware of the bugs and has either already fixed some of them or will do so in an webOS firmware update that will be out "soon."