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."
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HP paid $1.2 Billion. That's about $1 Billion more than it was really worth. I think Apple, RIM, and Google deliberately hobbled HP by bidding up the price but not high enough that HP would not still take that dinosaur into their house.