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Lower Price Makes HP's TouchPad A Hit

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DAVID GREENE, Host:

Hewlett -Packard said last week it was giving up on its new TouchPad tablet after a mere seven weeks on store shelves. Seems the device couldn't even start to compete with the iPad or other more popular tablets, like Samsung's Galaxy Tab or the Barnes & Noble Nook. But then HP said it was offloading its basic TouchPads for a mere $100 - down from $500, and that's when the shunned device suddenly became a hot property. Online retailers quickly sold out of them, and now brand new, unopened TouchPads are showing up on eBay for about $250.

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GREENE: That's the business news here on MORNING EDITION, from NPR News. I'm David Greene.

RENEE MONTAGNE, Host:

And I'm Renee Montagne. Transcript provided by NPR, Copyright NPR.

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