HP Still Plotting a Return to Smartphone Market allthingsd.com

John Paczkowski, AllThingsD:

Asked by the Press Trust of India if HP is indeed developing a new smartphone, Yam replied: “The answer is yes, but I cannot give a timetable. It would be silly if we say no. HP has to be in the game.”

Considering the mobile space for the foreseeable future, why would HP even bother to compete? I will be surprised if their next smartphone effort recoups its development costs.