While sometimes a punching bag in the mobile industry,
Palm has oft delivered the goods and have been innovators in the smartphone market -- but facing stiff competition from the likes of HTC, Motorola, and Samsung as of late, the tired Treo design is aguably in desperate need of an overhaul. The most recent news has Palm allegedly retaining an investment banker to explore opportunities to sell its soul to the highest bidder, and rumor has it the company could fetch $20 a share -- a fair deal higher than its current trading price. While we may pine the loss of Palm -- on the "cup is half full" side of things -- if speculation is correct about the sale, we may well end up with something better. The fact that this news has persisted since
last month might lend some credibility, though whether it will be Nokia at the head of the line remains to be seen.
Reader Comments (Page 1 of 1)
PEZ @ Mar 6th 2007 8:44AM
Or.. .GOOGLE.
PEZ @ Mar 6th 2007 8:44AM
I betcha DELL will try for it, too ;)
johdaxx @ Mar 6th 2007 11:08AM
Got to be Meizu... Get street creds and a loyal US following all at the same time. :o
Pat Horne @ Mar 6th 2007 2:20PM
My prediction ...
Colligen, Hawkins, & Dubinsky ..., the Palm trifecta, are all cashing out on Palm, Palm OS, Palmsource, PalmOne, and any other sorta Palm. Hawkins and Dubinsk are now at the point that elementary apps are ready to be written for Numentaware. Colligen dumps the 900 pound gorilla called Palm for about $25/share. All three cash out, and dedicate their efforts and experience to the upcoming brain factory.
Whatever suitor buys the Palm Inc albatross and gets a little now for a lot lost later. The Treo now has great carrier traction worldwide, a great name among the herd, and currently is still a competitive device. All in all it looks great to the clueless investor sheep who read balance sheets and think that Palm Inc will still have the horsepower for strong future growth.
Palm OS is history. The Palm platform has just been gutted by ignorant and greedy fools. They made their bucks and severances and are off to help other companies succeed alike.
The Treo technology advantages are history and there is no longer enough intellectual capital and "fascist vision" remaining at Palm. The revolutionary and wonderful Treo ideal is EOL. The fools who buy Palm will languish on with a few upgrades, refreshes, and carrier relationship updates. They may even eventually get feelin' froggy and attempt a major new Treo revolotion. It will go over about as well as Ford's Mustang station wagon concept. The cancerous "design by committee" and "screamin for profits now" corporate culture will doom it all to failure. The MotoSamsuNokiHTCetc+MSFT juggernaught will absorb the remainder of the current smartfone world and the Treo will be a nice note in tech history.
The trifecta can at least cash out hansomely and look forward to changing the world again. Who knows, the brainware concept seems plausable, their track record speaks for itself, and they are certainly much wiser corporately this time around.
Meanwhile back over at PalmInfoCenter, we wait for the final post to take place. The glory days of the Palm economy are winding down. Those glory days extended by the Treo. Nevertheless we are sure to be faced with switching to the dark side and it's big corporate minions, or finding a new tech ideal altogether. Kinda surreal.
BTW, all the above is true. I'm an analyst.
itsallverbatim @ Mar 6th 2007 9:54PM
Palm will be bought by Dell, or hell, maybe even Microsoft.
I actually wouldn't be against MS picking them up.
elgee02 @ Mar 6th 2007 10:08PM
I've heard Dell's name thrown around quite a bit lately with this. That would be quite interesting to see them step in the mobile device market.