Corporate Incompetence: Hewlett Packard cancels TouchPad, turns out it’s the number two selling tablet in the U.S.!

“76% of consumers who purchased a non-Apple tablet didn’t even consider the iPad, an indication that a large group of consumers are looking for alternatives, and an opportunity for the rest of the market to grow their business.”-Stephen Baker, NPD Group

On August 18, HP announced it was stopping production of its TouchPad tablet, citing poor sales.   Yet a survey by NPD Group says the HP TouchPad was the number two selling tablet in the United States, in 2011!

HP’s decision to cancel their TouchPad came just seven weeks after it was released.  That’s not long enough to give a new product a chance.  However, part of the reason for the HP TouchPad grabbing the number two spot, is that the price was dropped from $499 to an incredible $99!

This just seems like Corporate Incompetence to me.