Hewlett-Packard (HP) had a recent limited time weekend promotion on the Web-OS TouchPad tablet. They dropped $100 of the retail prices of the 16GB and 32GB models in the United States. Overseas prices have seen not change as of yet. Evidently they must have seen a high sell rate, because they have decided to make the price cut permanent. Another case of a manufacturer dropping the price of a new product so soon after launch. There are going to be plenty of angry early adopters. At this point any customer who buys the TouchPad after the price drop would still be considered an early adopter because of the relatively close launch date, so why should extra early adopters be penalized.
The new, lower price of the TouchPad is $399.99 for a 16-gigabyte model and $499.99 for the 32-gigabyte model. If you purchased your tablet early and are outside the retailer’s return policy, there is one thing HP is doing for you. HP will be offering those affected customers with a $50 credit on their HP App Catalog to download $50 worth of apps on them. The app development has not really been that great on Web-OS so we do not feel that is a substantial offer, as I am sure, many customer would rather have that $50 or the $100 difference in cold hard cash. This is my recommendation to consumers about purchasing new electronics. If you are not one of those “I must have it” customers and you have patience, then I would recommend waiting. Companies that come out with products that are “firsts” for them or the industry usually drop the price if adoption is slow. To be quite honest, unless they are Apple, most companies do not wait till the next generation to drop the price of a previous model. If it sells like wildfire then prices usually stay the same. Its only when sales are horrible when prices drop. The Nintendo 3DS, HP TouchPad, and the Logitech Revue (Google TV) are all of the few examples of this trend. A trend that has usually been six months or later, but now has product prices dropping within 32-90 days in some cases. Notice how I said 32 days there, just right outside most return policies.