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Consumer Electronics

HP Slate Looks More And More Like iPad Rival

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By Douglas A. McIntyre Published
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The Apple (AAPL) iPad tablet computer looks like it will launch into a market where it has no rivals. The Amazon (AMZN) Kindle is not a PC at all. It is underpowered and has limited software for anything but reading books.

HP (HPQ) made it clear through a series of demonstrations yesterday that its Slate could be a formidable competitor to the Apple machine

HP showed that its new flat computer, which runs Microsoft (MSFT) Windows 7, can browse the web as well as the iPad can. It also uses the ubiquitous Flash video software that the iPad does not support. That means the iPad will not give customers easy access to some multimedia websites.

The Slate has not been officially launched and HP has not given prices. Early reviews of the product praise its touchscreen capability and its video fidelity.

Apple still has a huge disadvantage as it launches any personal computer. By most measure its has no more than 8% of the US market. Windows-powered PCs have the rest. The means that if Dell (DELL), HP, Lenovo, and Acer come to market with competitive tablets and Amazon upgrades the Kindle’s processor power, Apple will be caught in a crossfire.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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