News Update: Hewlett-Packard Executive VP Bradley Said Tablets Expected To Be $40 Billion Market

Description

Hewlett-Packard (NYSE:HPQ) Executive Vice President for the Personal Systems Group, Todd Bradley, sat down with TechCrunch editor Michael Arrington to discuss the company's recent acquisition "spree," future strategy and more. The company just bought 3PAR for $2.4 billion after a bidding war with Dell (NASDAQ:DELL). Earlier this summer, Hewlett-Packard bought Palm for $1.2 billion. Bradley said that his group was in charge of buying Palm. He added that his main goal is to figure out how to broadly deploy the WebOS, which is the mobile operating system for Palm phones. Bradley also said that he estimates that in the next few years tablets will be a $40 billion market.SmarTrend alerted subscribers to take profits in Hewlett-Packard on August 09, 2010 at $43.13, since then the stock fell 4.3%. We are now watching for any positive developments that could result in a new uptrend signal.

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hewlett, packard, hpq, 3par, dell, techcrunch, stock, market, news, smartrend

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