This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Is HP Chromebook Hot Off The Shelves?

Chris Lau, Kapitall: What does the HP Chromebook 11 delay mean for PC and tablet suppliers, as they become too hot to handle?

To maintain relevancy in the low-end and budget range of computing, Hewlett-Packard ( HPQ ) teamed up with Google (GOOG) to sell the Chromebook 11. The computer is an inexpensive $279 ultraportable.

Click on the interactive chart to view stock prices over time.

The specifications, along with the price, should be competitive enough to win over consumers considering a tablet or smaller laptop. But now sales for the laptop are on pause due to reports of the charger overheating. Looking beyond the temporary hold in sales, is there anything for investors to be concerned about?

Overheating issues

Reports that some battery chargers were damaged due to overheating during use also caused Best Buy (BBY) to halt sales. The Chromebook is powered through a micro-USB connection, but the one that comes in the box could overheat. HP advised current owners to use a third-party charger instead.


HP should not have any problem resolving the charging issue if it moves quickly, so the impact on sales might not be significant. But in the laptop space, the Chromebook 11 may not be as competitively priced.

At a similar price range, a consumer could opt for a Windows-based computer powered by an Intel (INTC) Celeron processor. Inexpensive Windows-based computers have more functionality, including a fuller range of printing connections and support for Windows-based programs.

Read more on tech from Kapitall: Will 3D Scanners Lead the Next Charge for 3D Printing

But HP has plenty of opportunities to develop better Chromebooks in the future to remain competitive. If sales for the Chromebook 11 are weak due to consumers wanting better specifications, HP could power the next Chromebook with an Intel Haswell chip. The company could also improve the screen resolution.  

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs