Hewlett-Packard Co. is preparing to release a new smart phone that will also be marketed to consumers, according to people briefed on the plan. The device will debut in Europe, these people say, and will be sold by a mobile carrier in retail stores. The new device will have a touchscreen and keypad and will use Microsoft’s Windows Mobile 6.1 operating system, say people briefed on the plan. It will be able to send and receive emails, and access the Internet. The phone is the latest version of H-P's iPaq devices. H-P, which has been selling iPaq-branded devices since it acquired personal-computer maker Compaq Computer Corp. in 2002, primarily focused earlier iPaqs on businesses and typically didn't sell them through retail stores.

Source:→ The New York Times