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HP, one of the leading provider of IT products with Palm Divisions and AT&T has launched its new smartphone namely, HP Veer 4G which is powered by 800Mhz Qualcomm MSM7230 processor. It has many more high-end features like 2.6-inch capacitive touchscreen display with 320 x 400 resolution, a vertical-sliding keyboard with Chiclet-style keys, speakerphone, Document viewer, Magnetic connector with 3.5mm stereo headset adapter etc. It offers various types of connectivity options like GPS, WiFi 802.11 b/g/n, Bluetooth 2.1 with A2D etc. It supports various types of audio and video player formats like MP3, WAV, eAAC+ audio formats while MP4, H.264, H.263 video players

HP Veer 4G Smartphone Features

2.6-inch capacitive touchscreen display with 320 x 400 resolution
A vertical-sliding keyboard with Chiclet-style keys
Powered by 800Mhz Qualcomm MSM7230 processor
Offers GPS, WiFi 802.11 b/g/n, & Bluetooth 2.1 with A2D connectivity options
5 Megapixel camera with Geo-tagging
Video recording capacity
Built-in 8 GB storage memory
Speakerphone, & micro USB 2.0
Magnetic connector with 3.5mm stereo headset adapter
Includes Li-Ion 910 mAh battery
Supports MP3, WAV, eAAC+ player audio formats
MP4, H.264, H.263 video players support
Includes Accelerometer, ambient light, & proximity sensors
Document viewer, & Adobe Flash 10.1 support
Wi-Fi hotspot for up to five devices
Adobe Flash Plugin 10.1 support
The HP Veer 4G Smartphone includes Li-Ion 910 mAh battery which provides up to 5 hours of talk time and 300 hours of stand by time. It works on GSM/GPRS/EDGE 850/900/1800/1900 with 3G – HSDPA, 7.2 Mbps; HSUPA, 5.76 Mbps and 4G HSPA+/LTE. The devicce includes an Accelerometer, ambient light, and proximity sensor. The HP Veer 4G smartphone is now available at the price tag of $99.99 with two years contract with AT&T networks service and at $449.99 without contract.

Hewlett-Packard Co said it has struck a $1.2 billion deal for Palm Inc, offering a 23 per cent premium to expand into the smartphone

market.
The news comes after much speculation on Wall Street about who would buy Palm, which once dominated the market but which has been overshadowed by Apple Inc's iPhone, Research in Motion's BlackBerry and phones that use Google Inc's Android software.
In a sign of Palm's struggles, the company on Wednesday slashed expectations for the current quarter, saying slow sales of its products have resulted in low order volumes from phone carriers. "If you saw the guidance Palm just put out, it was clear they had to sell," said Phil Cusick, analyst at Macquarie Research.
"Given how quickly Palm's business was falling off and how fast their cash was going out the door, they're lucky to get what they got.
Shares of Palm, which is 30 per cent owned by private equity firm Elevation Partners, jumped 28 per cent to $5.92, above HP's offer in a sign that some investors could be betting on a higher bid.
Under the deal approved by the two companies' boards of directors, HP will pay $5.70 cash per share of Palm, a 23 per cent premium to its closing price on Wednesday of $4.63.
Some investment banking sources had thought that Lenovo was the leading candidate to buy Palm after the US company was rebuffed by other potential Asian buyers including HTC Corp and Huawei.
Palm now expects fiscal fourth quarter revenue in the range of $90 million to $100 million, compared with its mid-March forecast that revenue would be less than $150 million. It estimated it would end its fiscal fourth quarter with a cash balance of between $350 million and $400 million.
HP already has a smartphone, the iPaq, which runs on Microsoft's Windows mobile platform. But the device has gained little traction in a smartphone market crowded with competitors. Lawrence Harris, analyst at C L King associates, said it would have been risky for HP to ignore the rapidly growing smartphone market.
"I would say HP looked around and said, we need to be in this space. Google is here, Apple is here. And there aren't many stand-alone smartphone companies," Harris said. "They would be one of the few companies that I think could successfully turn Palm around."
Palm's current chairman and CEO, Jon Rubinstein, is expected to remain with the company, HP said in a statement, adding that it expects the acquisition to close during its third fiscal quarter ending July 31. Shares of HP fell to $52.35 in extended trading from their New York Stock Exchange close of $52.28.