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Chutzpah: Tech's Biggest Broken Promises

By Cliff Edwards - 2012-03-05T20:01:26Z

Photograph by Noah Berger/Bloomberg

Company Symbol % Change
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HP TouchPad (2011)

"We have a really good opportunity to become No. 2 in tablets fairly quickly," HP TouchPad creator Jon Rubinstein said. "Possibly No. 1." The TouchPad, based on the Palm webOS software, did indeed become a top seller, but not in a good way.

Less than two months into sales, after consumers were confronted with a botched retail launch, lack of applications and ho-hum design, bargain shoppers were snapping up the discontinued product in a fire-sale clearance.