Palm
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HP WebOS tablets, netbooks
“During a conference call about HP’s acquisition of Palm Wednesday, Todd Bradley, executive VP of HP’s Personal Systems Group, said that there are “a lot of opportunities” with the purchase. Namely, he said, HP could use the WebOS mobile operating system as a touchscreen interface for new hardware such as a tablet or netbook. Palm Continue reading
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Palm's Warning prior to HP's Acquisition
Buried in the news that HP is buying Palm is an updated lower guidance for the fourth quarter, otherwise known as a warning. The Company expects revenues for its fourth fiscal quarter to be in the range of approximately $90 million to $100 million on a GAAP (1) and a non-GAAP basis. Revenues for the Continue reading
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HP's Palm play
This deal is not about keeping a smartphone brand alive but about keeping HP alive. The days of standalone phone companies or standalone computer companies are coming to an end. Elevation Partners Squeezes Tiny Profit From Palm Investment – Deal Journal –WSJ. Continue reading
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Palm Hu?
Huawei has largely rejected Palm’s request for a buyout, a tip said this morning. Palm had reportedly proposed that Huawei take over the company in mid-February but hasn’t made any progress since. It’s not clear what objections, if any, Huawei might have. via Palm rebuffed by Huawei on takeover talks | Electronista. Continue reading
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Palm Minnow is Swimming with Sharks
Palm CEO “I’ve never used an iPhone” Rubinstein quoted in the earnings conference call: “We had an arrangement with Sprint that when we launched with Sprint that they would invest in marketing and carry the product and for that they would get an exclusive for a period of time. That really determined when we could Continue reading
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Palm sell-through down 15% year-on-year
Smart phones sold to retail customers totaled 408,000 units, down 15% from a year earlier and 29% sequentially By some estimates, Apple pre-sold more iPads online in one week than Palm sold smartphones through Sprint and Verizon stores in 3 months. What’s more remarkable is that year-on-year decline implies Palm sold more Windows Mobile devices Continue reading
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Dubinsky gets it, Glaser no so much.
[Donna Dubinsky] called the decision to spin off PalmOS a “huge strategic error.” “As RIM, Apple and Palm all have demonstrated, these devices need to be highly integrated hardware and software developments in order to optimize the user experience,” Dubinsky wrote in an e-mail to The Associated Press. “When Palm no longer could advance the Continue reading
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Analyst: Palm at 10k Units a Week
Cusick says his checks find Palm is getting only about 1% share of handset sales at Verizon Wireless, or about 10,000 units a week, versus 400,000 units that were sold in to the company. At this rate, he says, there is “no prospect of Verizon follow-through” in the May quarter – and he sees weak Continue reading
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Blackberry Loves U2
BlackBerry – BlackBerry Loves U2Last year U2 chose Research in Motion as the main sponsor for its tour. Read More: Wired.com Blackberry might love U2 but does Bono still like Palm? You might know Elevation for its most famous partner, U2’s Bono. In the summer of 2007, the firm committed $325 million to Palm in Continue reading
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Palm: Pacific Crest Downgrades; Merrill Cuts Target To $5; Needham Fears “Oblivion”
Palm: Pacific Crest Downgrades; Merrill Cuts Target To $5; Needham Fears “Oblivion” – Tech Trader Daily – Barrons.com Palm unveiled the webOS and Pre on Jan. 8th, and the stock skyrocketed from $3.30/share the day before to $7.14/share on Jan. 15th. January 2009 predictions for Palm by Morgan Keegan: About Palm at Sprint: Storm/iPhone-type Success Continue reading