Remember this statement from an ex-HP exec. The events of Feb 9th may have just proved that that was a true statement. HP's main businesses are printers, servers, and computers (Desktops, Laptops, and Tablets).

With WebOS and the cloud, HP can tie everything together with a common front-end.

I feel that HP will make the TouchPad a success because it is a major part of there business plan. Everything they will do with WebOS will reflect that. I think that is why they removed the gesture area. Thats why they are cutting all ties with devices not running WebOS 2.0 or greater.

HP will still sell phones, but they will not enhance and make changes to any future version of WebOS that will jeopardize there printers, servers, and computer businesses.