Palm, the maker of much heralded Palm Pre but lack the marketing
splash when it debut last week is in financial crisis. They were only
able to sell 50,000 phones during the opening weekend. The market cap
for this company is about 1.9 Billion US but this can be had for less.
Besides a nice hardware, the new OS called WebOS is considered on par
with the iPhone in user interface and technical sophistication. In
order for Samsung or LG to penetrate the smartphone market in Europe
and North America they need a software platform that can match that of
the iPhone.
BTW. Palm is now mostly run by ex-Apple employees including their
current CEO Jon Rubinstein (ex VP of Hardware Engineering at Apple)
You have great insight on where technology should go. HP just bought Palm for the reason you wrote above.
ReplyDelete
ReplyDeleteMy idea just got validated with the news below that LG bought WebOS the operating system inside Palm.
http://www.businessinsider.com/hang-oncnet-just-pulled-this-mornings-big-news-about-hewlett-packard-and-lg-2013-2