Hewlett-Packard Pulling Out Of Retail CD+RW Market

eranro used our newssubmit to tell us:

The largest vendor of CD rewriteable drives, Hewlett-Packard Co., will phase out its entire retail CD+RW product line by the end of the year in favor of rewriteable DVDs. The news caught analysts by surprise, since the rewriteable CD market is still booming. But stronger competition in the rewriteable CD market is forcing HP out, they said. HP executives, meanwhile, claimed the move was driven by customer demand.

HP will introduce one more revision of its CD-writer product line this fall, and then leave retailers to clear out the remaining inventory over the next few months. "Shortly into 2002, the CD-writer will disappear from store shelves," said a spokeswoman for HP, Palo Alto, Calif.

Yeah yeah, whatever... "the move was driven by customer demand"... Remember the trial HP was standing for because of his copy-machines? Well, it SURELY has nothing to do with this so-called move .

Perhaps it is that they FINALLY have seen they can't beat the real players on that market (including, but not limited to, LiteOn, Plextor, Teac, ...).

Well, I won't cry a tear for them. Perhaps will you?

Source: ExtremeTech