Apple, RIM, Google All Bid On Palm

imamac writes "It seems HP was only one of many bidders for the struggling Palm. The others included Apple, RIM and even Google. You may now commence speculation on why the various companies wanted Palm."

Comments

Re:It seems to me

[IHateEverybody]

Right what's why they went out of business.

Palm didn't go out of business. They are about to be bought out by HP in part because they were low on cash and were likely to go out of business in the future but there is a distinction and it is fairly important for the purposes of this discussion. Palm has suffered from a lot of self-inflicted wounds over the past ten years: constant financial restructuring, giving up control of its operating system, falling behind technologically, and struggling to catch up in a brutal market full of much larger competitors.

Despite all this, Palm didn't actually go out of business, they actually did a very good job of catching up with their competitors, reaching parity with them in some areas and surpassing them in others. They also built a solid foundation on which they could grow in the future. If they hadn't done all this; Palm likely would have gone out of business for real, being bought out only for their patents instead of being bought by a company that wants to use their tech to build their own business.