Aug 31, 2011 09:29 GMT  ·  By

When a company announces the death of a product, the metaphorical coffin is nailed and buried fairly swiftly in order for the outfit to distance itself from the perceived failure, but the TouchPad seems to be doing better dead than alive.

The TouchPad was HP's prized webOS project, until it went on sale and spent just six weeks in that state before being sacked, along with all other HP webOS items, present and future.

For users that want a reminder, the TouchPad used to sell for around $500-$600 and had a dual-core Qualcomm Snapdragon processor (1.5 GHz), plus 1.3 megapixel webcam, WiFi, digital microphone and other features.

The slates that were still up for order subsequently went through a massive price cut, causing a huge surge in orders.

Of course, with the 16 GB storage-equipped model at $99 and the 32 GB one at $149, that customer interest went through the roof is hardly surprising.

Oddly enough, however, even though this was supposed to be HP's way of getting rid of the TouchPads quickly, plans may have changed.

While the outfit did not raise the prices again, it did say that it would prepare a new batch of models.

Preparations will be completed over the next few weeks and, to avoid situations where people would buy large stocks of them and resell them at a profit, will place a limit on how many any one person can buy.

The irony in all this is that, at the aforementioned prices, HP doesn't really stand to gain anything by preparing new models.

In fact, it is estimated that the corporation will lose about $225 on every $99 16 GB tablet sold, not counting shipping at freight costs.

Meanwhile, HP has also provided an update on its other plans, readable here, on its official website.