HP could bury TouchPad fiasco with $169 Slate 7 tablet - Computerworld

Because so many other vendors have done well when engaging in price competition with Amazon and Google...

"HP is hoping the $169 price will attract buyers -- competitive 7-inch Android tablets from big-name device makers are priced higher, with Google's Nexus 7, Amazon's Kindle Fire HD and Samsung's Galaxy Tab 2 7.0 starting at $199.
The low-priced Slate 7 represents a turn of events for HP, which in August 2011 said it would explore the sale or spin off of the Personal Systems Group, which deals in client devices like PCs and tablets. HP ultimately retained the PSG, but earlier considered the unit a drain because of its low margins. HP also killed off webOS smartphones and tablets in August 2011, prompting a buying frenzy in which the company sold the remaining TouchPad tablets at rock-bottom prices starting at $99."

HP could bury TouchPad fiasco with $169 Slate 7 tablet - Computerworld