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HP Wanted $1.2B For WebOS and Palm

Posted by Soulskill on from the is-that-in-monopoly-money dept.

PolygamousRanchKid passes along this quote: "As baffling as it may seem, HP was trying to rid itself of Palm without taking a loss on its purchase, a source with knowledge of the negotiations told [VentureBeat]. The company seemingly ignored that Palm's value had fallen significantly since HP purchased the smartphone pioneer in April 2010, thanks to the spectacular failure of the HP Touchpad tablet. And the fact that HP didn't make any progress with its new webOS phones, the Pre 3 and Veer, didn't help either. ... The $1.2 billion asking price shines some light on a story we heard from another source: At one point, HP's team tried to pitch the sale to Facebook but was practically laughed out of the room. And yes, Facebook CEO Mark Zuckerberg was present at the meeting, although he apparently didn't say much (I'm sure whatever he was thinking at the time would have been gold)."

9 of 139 comments (clear)

  1. Think... by PortHaven · · Score: 5, Funny

    In a few years, Facebook might buy HP for $1.2 billion.

  2. Re:Pre3 by Anonymous Coward · · Score: 0, Funny

    Me, I'd love to get my hands on Kim Kardashian's shaved pussy. Different strokes for different folks, I suppose...

  3. Re:It's simple. by rgbrenner · · Score: 3, Funny

    What?!! Are you saying they weren't serious when they offered it to Facebook? That's ridiculous. They have perfect synergy: Palm makes phones and Facebook has a mobile app and uses mobile phones. See? They fit together perfectly.

  4. Re:Pre3 by bandy · · Score: 1, Funny

    Me, I'd love to get my hands on Kim Kardashian's shaved pussy. Different strokes for different folks, I suppose...

    I take it that you'd pay $500?

    --
    "You might as well get your son a ticket to hell as give him a five string banjo." -unknown minister
  5. Re:Probably by jcr · · Score: 4, Funny

    Well, you can't blame HP for trying.

    After all, Schwartz managed to sell Sun to Oracle for vastly more than it was worth.

    -jcr

    --
    The only title of honor that a tyrant can grant is "Enemy of the State."
  6. Re:You mean googlebook... by Anonymous Coward · · Score: 0, Funny

    Serious question: do you still work for Microsoft?

  7. Re:Probably by HornWumpus · · Score: 3, Funny

    well designed handhelds have never, ever been HPs strength

    Now you've gone and pissed off the HP calculator people. Kiss you karma goodby. I hope they can't track you down IRL.

    --
    John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
  8. Re:It's simple. by BronsCon · · Score: 4, Funny

    Facepalm...

    --
    APK quotes people (including myself) without context and should not be trusted. Just thought you should know.
  9. Re:Probably by ColdWetDog · · Score: 3, Funny

    well designed handhelds have never, ever been HPs strength

    Now you've gone and pissed off the HP calculator people. Kiss you karma goodby. I hope they can't track you down IRL.

    Yeah, they're gonna chase him around with their wheelchairs.

    --
    Faster! Faster! Faster would be better!