HP Cuts TouchPad Tablet Price by $100

SAN FRANCISCO: US technology giant Hewlett-Packard (HP) cut the price of its freshly-launched TouchPad tablet computers in a bid to gain traction in a market dominated by Apple's iPad. TouchPads with 16GB of memory were offered on the HP website for $400 and models with 32GB were available for $500 in what amounted to lopping $100 off the original prices. "HP continually evaluates pricing for its products and is pleased to permanently extend its back-to-school promotion on the HP TouchPad," a company spokesman said in an email response.