Nokia takeover rumor surges Palm stock
updated 06:00 pm EST, Fri November 13, 2009
Old rumor of Nokia buying Palm resurfaces
Palm stock climbed over 8 percent on Friday after speculation that it would be bought out by Finland-based Nokia. Trading was about 15 times heavier than usual in the morning and remained heavy until the end of the day. The spike mirrored a similar increase from late September.
Neither company has commented on the rumor.
Critics have pointed out that such a deal is unlikely as Nokia is heavily invested both in its deal with Symbian as well as its own Maemo Linux operating system. It's also been suggested that the speculation may have begun to help fuel share prices and boost the stock before shareholders have to cash in.
However, Nokia is currently lagging in smartphone share and has relatively simple touchscreen designs that go without the multi-touch present on some of its competitors' products, including Palm's Pre or Apple's iPhone.
Sounds like...
11/13, 07:06pm reply
The tried and tested formula of innovation through acquisition except that there's a problem: Palm has always been a people company, that is that it's key assets have always been some clever people who are won't to leave if they don't like the employment climate within the company. Just check out Palm's history, it's happened more than once in the past!
Feathers
Forum Regular
Joined: Oct 1999
Nice review
11/14, 04:11am reply
This would be an interesting play for Nokia as it would put them right on par to Apple with web OS. The question is if they are ready to drop Symbian? This could be a move similar to Apple buying Next OS and look what happened!
http://www.wellnessstarts.com/premium-white-pro-review-does-premium-white-really-work.html
bentay
Banned
Joined: Nov 2009
I hope that...
11/15, 03:02am reply
i hope they dont do tht the palm logo is kewl and i would hate to say good bye to palm they r one of my favorite phone companies and i want a palm pixi not a nokia pixi tht sounds ugly i hope this is a hoax nice article adriana.
http://ezinearticles.com/?Premium-White-Pro-Review---Does-Free-Trial-Really-Work?&id=3205919
denyvctor
Banned
Joined: Nov 2009
Lean Muscle X
11/15, 06:31am reply
honestly think palm is better i have the palm centro and i love it but they got the treo pro now which is better
Lean Muscle X
sandyor
Banned
Joined: Nov 2009
Lean Muscle X
11/15, 06:31am reply
honestly think palm is better i have the palm centro and i love it but they got the treo pro now which is better
http://www.goarticles.com/cgi-bin/showa.cgi?C=2215914
sandyor
Banned
Joined: Nov 2009
Qt
11/16, 05:58am reply
Nokia already have Qt/Trolltech, which strikes me as far closer to an iPhone like platform, than WebOS - Qt is a nice clean modern cross-platform app framework, comparable to Cocoa - but the key point is that it's about native code development.
The big value Palm would have to a competitor is probably their US patent portfolio.
JulesLt
Fresh-Faced Recruit
Joined: Jul 2005