Update: HP buying Palm for $1.4 bil ($5.70 a share)

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speedracer

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I try not to fanboy out too crazy, but man do I love my Pre. Looks like they're gonna be taking a dirt nap soon though. Bloomberg is reporting that Palm is trying to sell itself with HTC and Lenovo being potential buyers.

Palm WebOS + HTC hardware = Perfection. Want. So. Badly.

update: Yup. Done deal. HP's CEO came from... wait for it... Palm.
 
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yes. I very much care about Palm. It's a damn shame they are going down like this though. The pre is a pretty good device. Palm really just sucks at marketing themselves and made an absolute boneheaded decision to go with Sprint. Why you'd partner with the last place carrier is beyond me. I hope whoever buys them will take some time to market their devices properly.
 
Palm is alright, I had a Tungsten T3 back in the day. I imagine their OS has improved since then. Gotta say I prefer Apple's OS to what I remember of it, but it's probably better now.
 
I haven't had a Palm product since the Palm 7, the first handheld released that offered mobile trading back in the late 90's....needless to say it was not of much use.

Palm's days as a stand alone company are clearly numbered but there are about a dozen companies interested in buying Palm, it is just a question of price.
 
I love the WebOS software. It is the best phone OS out there right now and for the forseeable future.

My problem is the hardware currently using the OS. The Pre is an uninspring phone, and the Pixi is far too underpowered.

HTC buying Palm and using WebOS on their phones would be incredible.

Just thinking about the HD2 running WebOS gives me a chub. And if HTC buys Palm before the EVO 4G comes out, I will wait to see what comes of the acquisition.
 
[quote name='BillyBob29']Palm's days as a stand alone company are clearly numbered but there are about a dozen companies interested in buying Palm, it is just a question of price.[/QUOTE]
My wife talked me out of buying at 3.85, so of course they jump over $5. I think their patent portfolio is worth a billion bucks flat, which prices them around 6 and change?

Palm has the patent on what is essentially the smartphone, which is why they unashamedly stole the multitouch and pinch to zoom patents from Apple and then dared them to sue. Which Apple promptly didn't. The defensive capability of that patent (ask HTC how much it's worth to them) plus the offensive capability for the evil minded has gotta be worth at least a bil. It's a get out of jail free card plus a feel free to steal from your neighbors card all in one. If there was a 40lb box of rape patent, Palm's got it.
 
I have a Tungsten E, it's ok, but I hate the graffiti writing system. It mainly gets used to sync the palm desktop calendar software on my work computer and laptop at home.
 
It's surprising how far they've fallen, Palm was the company for PDAs back in the day. Smartphones seemed to take them by surprise for some reason, i guess they thought people would still have separate PDAs.
 
I've had several Palm Pilots in my day. A palm 5, a Tungsten T3, a Zire 31, a Zire 71, a Treo 680 and currently a Centro. I personally love them all. The Centro isn't the greatest smartphone though, but it's all I could get with Sprint. (Pre doesn't work with SERO.) Palm has been declining for some time now, and I'd actually like to see them bought out and pushed in the right direction. Let's hope they still decide to give some decent phones to Sprint though. :/
 
[quote name='JolietJake']Smartphones seemed to take them by surprise for some reason, i guess they thought people would still have separate PDAs.[/QUOTE]

Yeah, that's what got them.

Once most business professionals went to smart phones, the need for PDAs shrunk dramatically. Who wants to carry a separate PDA for your calendar and contacts when you can have all that in your phone which you always have with you?

I still use mine as I've not had that much interest in a smart phone as I don't need 3G internet since I'm seldom in need of internet away from the home or office (or places with free WiFi etc.).
 
I would still say Palm is a more recognizable name than HTC so that might worth something. Not sure if they want WebOS since they are working so closely with google on android
 
[quote name='Access_Denied'](Pre doesn't work with SERO.) [/QUOTE]
The Pre is what made me finally give up my SERO. My wife and I jumped from 500 minute SERO plans ($77 total) to a 1500 Everything Data plan with our Accenture discount for $97 a month. My wife went over minutes for the 1st time the month before we jumped. My Touch Pro made me want to drown kittens.
 
[quote name='62t']I would still say Palm is a more recognizable name than HTC so that might worth something. Not sure if they want WebOS since they are working so closely with google on android[/QUOTE]

Palm is more recognizable than the HTC name--but I'm not sure it's more recongizable than the Blackberry name. Especially in the business professional market, which is the key audience for smartphones and PDAs.

I've been aware of Blackberry's for years, but only relatively recently learned that HTC was the company that made them.
 
[quote name='speedracer']The Pre is what made me finally give up my SERO. My wife and I jumped from 500 minute SERO plans ($77 total) to a 1500 Everything Data plan with our Accenture discount for $97 a month. My wife went over minutes for the 1st time the month before we jumped. My Touch Pro made me want to drown kittens.[/QUOTE]

I thought about it, but I'm a college student, and I'm very lucky to only have to pay $36 a month after taxes. Any other plan would just probably be too expensive for me. Maybe one day I'll be able to have all the coolest and newest phones. :/
 
I love my pre so much.

I use gmail for personal, exchange for work(small business) and the way it merges my 2 calendars and contact lists is PERFECT for me. WebOS rules.
 
maybe in 1996, but not really. corporations could care less for their employees; it's all about the bottom line.

I got a ($100+) Palm Pilot as a gift once; and promptly returned it. graffiti was fun for a whole 15 mins.
 
i heard about the sale on the radio and thought they said 1.4 million, so then I was sure they must've said a company besides Palm. This makes more sense
 
WebOS certainly isn't going anywhere though. HP is going to use what they've acquired with Palm to break into the smartphone market, since it seems everyone wants to these days.

HP's resources are now going to be backing WebOS, rather than Palm's sorely beat up assets and market position. I'm pretty damn excited for what'll be coming down the line. HP also says it plans to scale WebOS across multiple devices like tablets and (potentialy) netbooks.

http://www.engadget.com/2010/04/28/hp-were-doubling-down-on-webos-palm-that-was-the-whole-po/
 
[quote name='62t']So what will happen to the HP Slate?


Edit: Might not even come out

http://www.sfgate.com/cgi-bin/artic...o-worry-about-the-hp-slate-anymore-2010-4.DTL[/QUOTE]

I don't know how they would spin that silly.

WinXP has been around for AGES... why wouldn't the Slate offer the same length of life.

I'm sure the battery will die off and you won't find any replacements from HP.. but the thing will still work.

It's as if they think the slate will die if it doesn't get micro OS upgrades every 6 months like the next damn large cat OS X that Apple releases...


that's OT, but I am kind of not wanting a WebOS tablet....
 
[quote name='mtxbass1']Where are you getting 1.4B from? Marketwatch, slashdot, and a few others are reporting 1.2B.[/QUOTE]

Regardless of final price it is a fraction of what Palm was worth, on paper at least, just a few months ago.

It will be interesting to see how the shares trade tomorrow and if the options market begins to price in the expectation of other bidders.
 
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