MacRumors reports that HP execs are to soon meet for discussion regarding pricing and features on the company’s upcoming iPadalike. If the Wall Street Journal is to be believed, HP’s cunning plan is to provide something “similar to the iPad in size and features” but to undercut the Apple device’s price.

Well done, HP—you’ve learned nothing. After all, hardware-oriented willy waving and low price-points worked out so well for you in the PC industry, didn’t they?