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HP To Buy Palm For $1.2 Billion
necro81 writes "Palm, Inc., which has struggled in recent months after making a splash with its Pre smartphone, will be bought by HP, the world's largest computer maker. The deal has been approved by both companies' boards, and should be wrapped up this summer. HP will get Palm for about $5.70/share (about 20% above today's closing price), or about $1.2 billion. That's a pretty good deal, considering that in the months following the launch of the Pre on Sprint's network, Palm's share price topped $16. But marketing blunders hindered the Pre's more widespread adoption on other carriers, and the company's very existence has recently seemed in doubt."
Finally a decent OS to run on the SuperDomes!
Average Intelligence is a Scary Thing
Great - does this mean we'll have to make all our calls using RPN?
1234 555 212 1+ DIAL
I know it's supposed to be more logical, but it just seems so confusing...
When you have nothing left to burn you must set yourself on fire
You got it wrong, his (right) palm is a nerd's best friend!
"When in doubt, use brute force." Ken Thompson
By "marketing blunders", do they mean Palm's "The Most Pale Woman in the World" campaign? Because I've gotta say, she really didn't sell me on a Palm, or anything else.
She looked more like an extra from the Lord of the Rings (generic elf maiden #38) than a spokesmodel for a technical product.
John
It's my fault. I had to replace a few ink cartridges in my printer. That, alone, probably paid for Palm.
I am the richest astronaut ever to win the superbowl.
But who would want to, when they are covered with hair?
She might be a bit creepy, but I certainly wouldn't refuse her Palm.
which is totally what she said
Facepalm
Perhaps their new name should be HPalm3Compaq.
On the plus side, it means they'll sell the new Palm phones for practically nothing!
However, replacement batteries will cost $100. Also, they can't be recharged and the one that comes with the phone will only last you about 10 minutes.
"People that quote themselves in their signatures bother me" - athakur999
Hey, I'm left handed you insensitive clod!
Does my memory fail me, or is HP the company that couldn't even do a decent job of selling iPods, the handheld-electronics equivalent of crack-covered pancakes?
Village idiot in some extremely smart villages.