Analyst thinks buyers will choose iPad over TouchPad in battle of the Pads

HP finally revealed a launch date and pricing for its TouchPad tablet on Thursday and we have to say, we’re pretty excited. It’s no mystery that we’re fans of webOS, and we were definitely impressed with the device during our hands-on in San Francisco. JP Morgan analyst Mark Moskowitz argues that consumers in general aren’t quite as excited as we are, however, and he doesn’t see HP’s maiden tablet voyage attracting buyers away from Apple’s iPad 2. “While we expect HP’s webOS platform to be a differentiating factor compared to the many Android tablets expected to reach the market, we do not think the price points on the TouchPad are aggressive enough to attract the incremental buyer from the iPad,” Moskowitz wrote in a note to investors. “Plus, the lack of wireless connectivity and limited storage options are a setback. We will look to additional data points as the TouchPad hits the market in coming weeks, but for now, we are lukewarm.”

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