HP's CEO Meg Whitman has publicly stated that HP will not be releasing a smartphone in 2013. This comes after she commented that HP would eventually need to offer a smartphone so as to avoid falling behind the curve. "We don't have any plans to introduce a smartphone in 2013, but we've got to start thinking about what is our unique play, how do we capture this element of the personal computing market?" she said.
She continues by noting that by not bringing a smartphone to market in the next "five years from now," HP could be "locked out of a huge segment of the population in many countries of the world." This would be a major problem for HP as they would be missing out on a large portion of prospective customers.
HP acquired Palm, so they had the experience and know-how at one point in the past. How much of that staff is still left is not easy to ascertain, however, it is known that 500 jobs were cut from the webOS division in 2011. webOS is now sitting in the open source community, which could bring some unique features to the mobile operating system.