Wednesday, August 17, 2011

Ouchpad: Best Buy Sitting on a Pile of HP Tablets - Arik Hesseldahl - News - AllThingsD

An ominous leading indicator for HP

According to one source who’s seen internal HP reports, Best Buy has taken delivery of 270,000 TouchPads and has so far managed to sell only 25,000, or less than 10 percent of the units in its inventory.

[…]

Best Buy, sources tell us, is so unhappy that it has told HP it’s unwilling to pay for all the TouchPads it has taking up expensive space in its stores and warehouses and wants HP to take them back. HP, for its part, is pleading with Best Buy to be patient. We’re also told a senior HP executive, possibly executive VP Todd Bradley, is slated to travel to Minneapolis soon to discuss the matter with Best Buy executives.

Ouchpad: Best Buy Sitting on a Pile of HP Tablets - Arik Hesseldahl - News - AllThingsD

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