Supply of HP Inc.’s TouchPad tablet has run dry across brick and mortar and online retailers following a clearance of the product to under $100.

Retailers including Best Buy Co. Inc., Inc., Barnes & Noble Inc. are currently out of stock of the device as consumers snapped up remaining inventory of the discontinued tablet in-store and online.

This weekend, a third-party retailer at listed availability for the TouchPad 16GB SKU at $259.00.

Meanwhile, sellers at Ebay Inc.’s website are nabbing a $100 premium for each SKU amid an immediate supply drought.

HP is scrambling to fulfill a mass of orders taken from its consumer and small business sales divisions, with many consumers claiming backordered status on device orders.

HP last week price cut the TouchPad 16GB SKU to $99.99 from $499.99 and the 32GB SKU to $149.99 from $599.99 in a rapid attempt to exit the tablet market.

HP released the TouchPad tablet series in July in Wi-Fi 16GB SKU and 32GB SKUs to compete against Apple Inc.’s iPad which has dominated the tablet market since launch in 2010.

The TouchPad includes a 1.2Ghz Qualcomm Snapdragon Dual-Core CPU, 1GB RAM, and the webOS operating system in a 1.6 lb. device.

Despite powerful specs, the TouchPad held tepid demand at launch with 25,000 units sold.

Current competitors in the tablet space with Google Inc.’s Android OS include Acer Inc.’s Iconia and Transformer SKUs, Samsung Group’s Galaxy Tab, and Motorola Mobility Inc.’s XOOM.

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