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Does HP's acquisition restore your faith in Palm?
HP just bought Palm for $1.2 billion in CASH! Does this acquisition restore your faith in Palm's products, or do you think HP made a mistake? Also, do you think HP is a little late to enter the smartphone game??
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4 Answers
Caty,
While I won't say that it "restores my faith", I think it stops flood of concern that I previously had for Palm.
It is hard to say if HP has indeed made a mistake, but the SmartPhone segment of the market is not yet saturated. I don't know that I would have paid $1.2 billion, and I can think of a few players that would have made a more logical suitor, but it's still not a bad business to be in.
We'll have to see how it plays out over the next 6-9 months.
The question is: Did they buy them for the hardware, the OS or both, and how will this impact HP's use of Windows Mobile technology?
-ASB: http://xeesm.com/AndrewBaker
The train has left the station and Palm, you're not on it! Having worked with all the various "gadgets" and watching my 5 children pass judgement on most of them, I cannot see this as the one with the "killer" application that is going to catch the iPhone or the Android. If I had to put money down on a the device of the future for corporate america, it will most likely be Windows based due the slick integration with Unified Messaging/Exchange and Office applications. The first thing HP needs to do is "kill" the term "Palm". Anyone that has ever owned one of these will flash back to those early models that most of us remember. Besides, most of us that "work", only want our email and phone calls, unless you go to a lot of meetings and need something to do while others argue about the lunch menu.
Palm looked like it was going to get back in the game with the Palm Pre, which got a lot of play pre-launch when some predicted it would give the iPhone 3Gs a serious run for the money. PCMag said "Palm is back—and with the coolest handheld device we've seen in a long time. The Palm Pre has the same exhilarating sense of possibility as the iPhone—and it's even worth switching to Sprint for." A PC World headline declared "The Palm Pre Will Be an iPhone Killer." And Gizmodo called it "maybe the most important handset to be announced in two years."
What killed Palm was the app developers who never gave webOS a chance to shine. You can multitask with the Pre. But I bet you can't pop virtual bubble wrap with it. HP didn't make a mistake by buying a kick-ass operating system. But they sure bet the farm on it by paying so much. Let's see if they can turn some smart technology into a smart investment.
No nor in HP's judgement.
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