HP predicts convertible success this Christmas

Hewlett-Packard [HP] is pinning its hopes on hybrid tablet computers to boost sales this festive season as the company celebrates beating revenue forecasts.

CEO Meg Whitman told an earnings conference call that it expects the likes of the Spectre x2 and Pavilion x2, which come with detachable screens, and the EliteBook Revolve, to make up much of its sales this Christmas.

"We've got a lot of convertibles in the market, so do our competitors, and we're advertising behind those because we think that's a really innovative form factor that's the best of the tablet and the best of the PC," said Whitman, according to CNET.

Whitman’s sentiments came after HP shares rose some nine per cent off the back of Q4 revenue of $29.1 billion [£17.8 billion] – which was above the average analyst forecast of $27.9 billion [£17.1 billion], according to Thomson Reuters. Whitman is still being cautious as she has no idea what demand will be like before the holidays are over though.

"I think it's too early to tell how the demand for convertibles is going whether it's in the commercial space or the consumer space this Christmas season...I think we will know more after we get to the Christmas season on the consumer side,” Whitman added.

The HP Spectre x2 is made of a detachable screen and keyboard with a 13.3in 1,920 x 1,080 display, a 128GB solid state drive [SSD], Intel HD 4200 graphics, as well as USB 3.0 and HDMI ports. Within the base there is an extra battery that gives the device nine hours of battery life and the processor being inside the screen portion of the device makes it unique in being an Intel Core clad machine that has no fan.

Another of HP’s convertibles is the HP EliteBook Revolve, which has a screen that can be twisted and lie flat but not be detached. Both devices run on Microsoft Windows 8.1 and the festive season will be a key test as to how consumers are taking to the new OS on convertibles.