HPQ Stock – Hewlett-Packard Has Plans for 2 Low-End Phablets in India

by Karl Utermohlen | January 15, 2014 1:40 pm

HPQ Stock – Hewlett-Packard Has Plans for 2 Low-End Phablets in India

Hewlett-Packard (HPQ[1]) announced plans to release two ‘phablets’ in India as HPQ stock posted meager gains Wednesday.

Hewlett Packard building Tunisia630 300x153 HPQ Stock   Hewlett Packard Has Plans for 2 Low End Phablets in India[2]
Source: Flickr[3]

Hewlett-Packard is releasing two of these voice-enabled tablets[4] called Slate 6 and Slate 7. These phablets — which combine the functions of smartphones with the form factor of small tablets — will be released in India because of the growing demand there.

The company chose phablets because they are the fastest-growing smart devices in India, accounting for 23% of the overall market for phones. Hewlett-Packard’s Slate devices will run Google’s Android operating device.

The announcement might have had a minor effect on company shares as HPQ stock rose 0.3% in early trading Wednesday.

Endnotes:
  1. HPQ: http://studio-5.financialcontent.com/investplace/quote?Symbol=HPQ
  2. [Image]: http://investorplace.com/wp-content/uploads/2011/08/Hewlett_Packard_building_Tunisia630.jpg
  3. Flickr: http://www.flickr.com/photos/hdryx/
  4. releasing two of these voice-enabled tablets: http://recode.net/2014/01/15/hp-to-re-enter-smartphone-market-with-phablets-in-india/

Source URL: http://investorplace.com/2014/01/hpq-stock-hewlett-packard/
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