The cat is out of the bag; HP owns Palm. The question on everyone's mind now is; what's next? During the conference call, HP provided slides (via Gearlog) that showed the Pixi, Pre, and Slate together. This same trio was sighted on at least two slides.
HP has been understandably tight-lipped about their plans, but that hasn't slowed down the speculation one jot.
There has been talk of a Palm tablet in the past. It didn't go far, due to the dire straits the company was in at the time. But, flush with cash from HP, Palm's situation has changed.
HP's Slate has one major, glaring, painful shortcoming: battery life. Six (or so) hours of life just isn't enough for a modern tablet. The single most exciting feature of the iPad is the freedom from battery life constraints that it delivers. 10+ hours of browsing is an incredible amount of time. Any tablet that wants to compete with the iPad will need to have comparable battery life.
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If HP is smart, they'll do more than just replace Win 7 with webOS on the Slate. A webOS tablet needs to be built from the ground-up to be an iPhone competitor, the same way the Pre was designed to fight the iPhone. If HP can pair their money and marketing arm with Palm's design cunning, they have a real chance to get Steve Jobs sweating in his turtleneck.