[BITList] 270,000 - 25000

[x50type at cox.net]

anybody want 245,000 hp tablets?
going cheap.....................
ct
Best Buy sitting on a pile of unsold HP tablets
By: Arik Hesseldahl August 16, 2011 10:18 PM PDT 
  a..  
There have been plenty of hints that Hewlett-Packard's TouchPad isn't selling well. First there was a $50 discount. Then there were spot discounts of $100 at outlets like Costco. Then the $100 discount became permanent. Adding insult to apparent injury, a deal on Woot for $120 off an entry-level 16-GB TouchPad netted all of 612 takers. 

With HP set to report quarterly earnings tomorrow, sources familiar with the matter tell AllThingsD that TouchPad sales are failing yet another critical test: sales at big box consumer electronics retailer Best Buy. 

According to one source who's seen internal HP reports, Best Buy has taken delivery of 270,000 TouchPads and has so far managed to sell only 25,000, or less than 10 percent of the units in its inventory. 

A second person who has seen Best Buy's TouchPad sales figures confirmed the results as "consistent with what I've seen," and went so far as to say that 25,000 sold might be "charitable." This source suggested that the 25,000-unit sales number may not account for units that consumers return to stores for a refund. 

Best Buy, sources tell us, is so unhappy that it has told HP it's unwilling to pay for all the TouchPads it has taking up expensive space in its stores and warehouses and wants HP to take them back. HP, for its part, is pleading with Best Buy to be patient. We're also told a senior HP executive, possibly executive VP Todd Bradley, is slated to travel to Minneapolis soon to discuss the matter with Best Buy executives. 

These numbers are emerging just one day before HP is set to report quarterly earnings. While it's possible that HP will chose not to disclose any unit sales results for the TouchPad, because as yet they're unlikely to be large enough to be material, if it does report anything on the subject it will probably report a figure known in industry circles known as "channel sales," which are the number of units sold to stores like Best Buy and Costco. Channel sales don't reflect sales to end customers, known as "sell through." 

HP declined to comment, as did Best Bu


Read more: http://news.cnet.com/8301-1023_3-20093307-93/best-buy-sitting-on-a-pile-of-unsold-hp-tablets/#ixzz1VXDUp9j6
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