Forbes magazine have a piece up on HP’s recent canning of WebOS, and are spelling out what we in the community already suspect – that Microsoft and WP7 are likely to be the biggest beneficiaries of WebOS’s demise.
In light of Googleâ€™s recent Motorola deal and Appleâ€™s unwillingness to license its iOS to third parties, we believe that Microsoft will be one of the primary beneficiaries of the death of webOS. We currently have a $28 Trefis price estimate for Microsoft, which implies a 10% upside to the current market price.
Microsoft is making the most of webOSâ€™s demise. The company has been wooing the abandoned webOS developers with free phones and goodies in order to attract them to the Windows Phone 7 platform. After HP announced that it would discontinue webOS, Brandon Watson, Senior Director of Microsoftâ€™s Windows Phone 7 business, announced on Twitter that Microsoft will be giving free Windows Phone 7 phones and training to all published webOS developers. With webOS dead, and the future of RIMâ€™s QNX looking bleak, Microsoftâ€™s Windows Phone 7 remains one of the most promising alternatives to Googleâ€™s Android and Appleâ€™s iOS platforms.
The Wall Street darling and self-proclaimed capitalist tool also speculates on the prospects of Windows 8 in the tablet sphere, and tells us that the Entertainment & Devices division was Microsoft’s fastest-growing last quarter. Read the whole thing at Forbes now.