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Wednesday, October 29, 2008
HP Expands Mini PC Portfolio Designed for Mobility, Social Media and Fashion
Comtex
PALO ALTO, Calif., Oct 29, 2008 (BUSINESS WIRE) ----Following the success of its education-focused mini PC introduced in April, HP (NYSE:HPQ) today expanded the HP Mini family with three models of a new HP Mini 1000 line.
This array of minis -- one of the widest offerings in the industry -- addresses the needs of Internet-centric consumers, mobile professionals, always-on social media enthusiasts and fashion-forward women.
"Staying connected to your world -- however you define it -- is increasingly important to people on the go," said Ted Clark, senior vice president and general manager, Notebook Global Business Unit, Personal Systems Group, HP. "That's why HP is excited to address this new high-growth market with a portfolio of head-turning mini companion PCs that are fun and easy to use."
These companion PCs provide a simplified Internet experience in a sleek, ultra-portable design. Each is less than 1-inch thick, weighs a little more than 2 pounds(1) and has a keyboard that is 92 percent the size of a standard notebook PC keyboard. All come with a BrightView widescreen Infinity display (1,024 x 600 resolution) with flush glass and LED backlight, built-in webcam and microphone.
Powered by Intel(R) Atom N270 1.6-gigahertz (GHz) processors,(2) HP Minis will be made available worldwide in an array of configure-to-order options.
Mini PCs are geared toward information "snacking" and content enjoyment, versus the rich content-creation capabilities found in fully functional notebook PCs. They are a complement to HP's award-winning families of notebook and desktop PCs.
The three models are as follows:
-- The HP Mini 1000 features a piano-black finish with HP Imprint swirl design is pre-installed with Windows� XP Home, making access to the web,(3) critical files and PC applications easily portable. It includes an Ethernet jack, two USB ports, and Wi-Fi and Bluetooth� wireless capabilities.(3) Versions with 3G capabilities(3) are expected to be available in December. Configuration choices include screen size -- 8.9-inch or 10.2-inch diagonal BrightView display -- and solid-state or mechanical hard-drive options. -- The HP Mini 1000 Vivienne Tam Edition comes in vibrant red with a peony-flower inspired design that reflects the globally acclaimed fashion designer's Spring 2009 collection. It seeks to satisfy the highly mobile, Internet-centric fashionista and features a 10.2-inch diagonal BrightView display. Its design was first unveiled on the runway of Tam's Fall 2009 Fashion Week show in Battery Park in New York, although many on the scene mistook it for a purse rather than the companion PC that it is. Tam labeled it the world's first "digital clutch." The Vivienne Tam Edition companion PC runs Windows XP Home, making the web,(3) critical files and PC applications easily portable. It includes an Ethernet jack, two USB ports, and Wi-Fi(4) and Bluetooth wireless capabilities. Versions with 3G capabilities(3) are expected to be available in December. -- The HP Mini 1000 with MIE (Mobile Internet Experience) is a uniquely simple, mobile Internet companion.(3) An HP-developed interface makes it easy to enjoy digital content -- videos, photos, music and email -- on demand and on the go. MIE comes loaded with instant messaging, email and Skype for online video chat, making it easy to enjoy social-media experiences anywhere consumers are connected. Applications enabling browsing, email and online video are pre-loaded and run from the MIE dashboard, minimizing startup time. Favorite websites that are added to the dashboard stay live, and the taskbar makes it easy to switch between programs. The HP Mini 1000 with MIE runs the Linux operating system. It includes an Ethernet jack, two USB ports, and Wi-Fi(4) and Bluetooth wireless capabilities.
Mini accessories and service
The HP Mini Mobile Drive gives HP Mini 1000 customers 2, 4 or 8 gigabytes of additional storage, making it simple to transport and retrieve important files, photos, music and other data. It sits flush against the HP Mini, maintaining the sleek design.
An optional six-cell lithium-polymer battery is planned to be available in January.
The HP Mini 1000 and HP Mini 1000 Vivienne Tam Edition come with a free six-month subscription to HP Upline for up to three computers. HP Upline is an easy-to-use, secure online service for the storage, backup, sharing and synchronization of digital content.
Pricing(5) and availability
-- The HP Mini 1000 is available today in the United States at www.hpdirect.com with a starting price of $399.
-- The HP Mini 1000 Vivienne Tam Edition is expected to be available in the United States in mid-December via www.hpdirect.com and at Tam's designer boutique in New York City. It is expected to be priced at $699.
-- The HP Mini 1000 with MIE is expected to be available in the United States in January via www.hpdirect.com with a starting price of $379.
Customers can reserve an HP Mini 1000 with MIE or an HP Mini 1000 Vivienne Tam Edition by calling +1 800 230 5752 or by visiting www.hpdirect.com/mini. More information about the HP Mini 1000 portfolio is available at www.hp.com/go/mini.
About HP
HP, the world's largest technology company, provides printing and personal computing products and IT services, software and solutions that simplify the technology experience for consumers and businesses. HP completed its acquisition of EDS on Aug. 26, 2008. More information about HP is available at http://www.hp.com/.
Note to editors: More news from HP, including links to RSS feeds, is available at http://www.hp.com/hpinfo/newsroom/.
(1) Weight will vary by configuration.
(2) Intel's numbering is not a measurement of higher performance.
(3) Internet access is required and sold separately.
(4) Wireless access point and Internet service required and not included. Availability of public wireless access points limited.
(5) Estimated U.S. street prices. Actual prices may vary.
Intel is trademark or registered trademark of Intel Corp. or its subsidiaries in the United States and other countries. Microsoft and Windows are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries. Bluetooth is a trademark owned by its proprietor and used by Hewlett-Packard Company under license.
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, includingbut not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected results; and other risks that are described in HP'sQuarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2008 andHP'sother filings with the Securities and Exchange Commission, including but not limited to HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2007. HP assumes no obligation and does not intend to update these forward-looking statements.
(C) 2008 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.
SOURCE: Hewlett-Packard Development Company, L.P.
HP Sheila Watson, +1-281-514-6552 sheila.watson@hp.com HP Media Hotline, +1-866-266 7272 pr@hp.com www.hp.com/go/newsroom or Edelman for HP Monica Walsh, +1-650-762-2894 monica.walsh@edelman.com
Copyright Business Wire 2008 ********************************************************************** As of Saturday, 10-25-2008 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated a DOWNTREND on 10-02-2008 for HPQ @ $43.13. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright � 2004-2008 Comtex News Network, Inc. All rights reserved.
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Some mutual funds want you to pay for the privilege of them (or your investment adviser) taking your money to invest. It's called a load, and it works like a cover charge to get into a nightclub. Luckily, there are such things as no-load funds. As the name implies, shares of these funds are sold without a fee paid to a broker or investment advisor.
The entire amount you invest in no-load funds goes to work for your returns. On the other hand, with load funds, right off the bat you're charged commission (not to mention other fees incurred over the life of the investment). Let's say, for example, you invest $25,000 into a load fund that charges a 5% commission. This costs you $1,250 off the top, bringing your actual investment down to only $23,750.
The often-cited horse race analogy argues against investing in load funds. Here's the logic behind it: Would you place a bet on a horse that had to start a race 200 yards behind the others? Well, maybe you would if you got a tip from a sketchy, trench coat-clad man in a dark alley. However, under most circumstances, it's not smart to put your money on that handicapped horse.
But some argue that at times that man in the trench coat (aka your broker) knows more about the horses than you do, and has a better shot at picking a winner. Also, sometimes these fees are unavoidable because some funds are available only through investment advisers.
Cost-benefit analysis can help determine when a load fund is worth it (in other words, when it will score you a load) and when it is better to "do it yourself" and avoid the fees. Load-fund fees range depending on share class and can cover a variety of costs, such as paper work and fund management.






