Forbes: Microsoft benefits most from demise of WebOS

imageForbes 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 Google’s recent Motorola deal and Apple’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 webOS’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 Microsoft’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 RIM’s QNX looking bleak, Microsoft’s Windows Phone 7 remains one of the most promising alternatives to Google’s Android and Apple’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.

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