HP just reported its Q4 2011 financial results, and although the company managed an overall profit, the real news is in the webOS numbers: HP spent a big chunk of $3.3 billion this year killing the webOS group and absorbing Palm’s falling value. Considering the $1.2 billion HP spent on Palm in the first place, and it’s clear that HP’s blown through at least a couple billion in its failed webOS experiment — an experiment that’s still awaiting a final resolution from new CEO Meg Whitman, who’s promised employees a decision on their fates sometime within the next few weeks.
Damn.