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HP To Buy Palm For $1.2 Billion

timothy posted more than 4 years ago | from the I-like-money dept.

HP 271

necro81 writes "Palm, Inc., which has struggled in recent months after making a splash with its Pre smartphone, will be bought by HP, the world's largest computer maker. The deal has been approved by both companies' boards, and should be wrapped up this summer. HP will get Palm for about $5.70/share (about 20% above today's closing price), or about $1.2 billion. That's a pretty good deal, considering that in the months following the launch of the Pre on Sprint's network, Palm's share price topped $16. But marketing blunders hindered the Pre's more widespread adoption on other carriers, and the company's very existence has recently seemed in doubt."

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271 comments

WebOS on Itanium? (5, Funny)

xanthos (73578) | more than 4 years ago | (#32022060)

Finally a decent OS to run on the SuperDomes!

Re:WebOS on Itanium? (1)

Anonymous Coward | more than 4 years ago | (#32022774)

I don't know about that, but you better sell your stocks now before this deal goes through. X__x

My take? Fraud.... (0, Troll)

alexborges (313924) | more than 3 years ago | (#32023178)

It makes no sense. The price makes no sense, the OS makes no sense for HP/CQ, moving into pervasive computing through palmos makes no freaking sense.

New appartment in dubai, now that makes sense.

(This is just an opinion, not an acusation)

Re:My take? Fraud.... (2, Funny)

h4rr4r (612664) | more than 3 years ago | (#32023422)

You want an apartment in a hot miserable place?

Massive overpayment (0)

Anonymous Coward | more than 4 years ago | (#32022090)

Most of us can buy our palms for nothing.

Re:Massive overpayment (4, Funny)

abigor (540274) | more than 4 years ago | (#32022452)

But who would want to, when they are covered with hair?

Overvalued (0, Flamebait)

vikingpower (768921) | more than 4 years ago | (#32022104)

From a geek's / nerd's point of view, the price is too high. Palms are worth near to nothing to geeks.

Re:Overvalued (3, Funny)

CondeZer0 (158969) | more than 4 years ago | (#32022184)

You got it wrong, his (right) palm is a nerd's best friend!

Re:Overvalued (5, Funny)

Anonymous Coward | more than 3 years ago | (#32023540)

Hey, I'm left handed you insensitive clod!

Re:Overvalued (1)

somersault (912633) | more than 4 years ago | (#32022412)

Not how I use it

HP Reverse Telephone Notation (5, Funny)

Lev13than (581686) | more than 4 years ago | (#32022110)

Great - does this mean we'll have to make all our calls using RPN?
1234 555 212 1+ DIAL
I know it's supposed to be more logical, but it just seems so confusing...

Re:HP Reverse Telephone Notation (1)

ducomputergeek (595742) | more than 4 years ago | (#32022192)

I still have my HP48G from circa 1993 and still use it from time to time. But I stopped carrying it in my brief case when the m48 app for the iPhone was released. They have a skin that is the iPhone calculator with a stack and RPN which is brilliant if I'm not having to do complex scientific or financial work.

I also have their business calculator that I needed for one test in college. Only thing the HP48 wouldn't do: modified internal rate of return.

Re:HP Reverse Telephone Notation (5, Funny)

Mikkeles (698461) | more than 4 years ago | (#32022518)

I'm holding out for mobileVMS!

Re:HP Reverse Telephone Notation (1)

CdBee (742846) | more than 4 years ago | (#32023044)

No need, just run a VT420 terminal emulator on WebOS ;-) - probably a lot less bandwidth intensive than any regular web app

RPN (1)

Savage-Rabbit (308260) | more than 4 years ago | (#32022696)

Great - does this mean we'll have to make all our calls using RPN?
1234 555 212 1+ DIAL
I know it's supposed to be more logical, but it just seems so confusing...

I had a HP 48GX calculators with RPN for years when it broke down I bought a HP 50G and just assumed it had RPN. For a while after I fired it up for the first time I was a afraid I had wasted my money until I figured out that you can change the thing from the default infix mode to RPN. I've gotten so used to RPN that I can hardly use infix calculators any more.

Re:HP Reverse Telephone Notation (0)

blair1q (305137) | more than 4 years ago | (#32022800)

That's not funny because that's not RPN, it's just typing the number backwards.

Re:HP Reverse Telephone Notation (3, Interesting)

gstoddart (321705) | more than 4 years ago | (#32023002)

Great - does this mean we'll have to make all our calls using RPN?
1234 555 212 1+ DIAL
I know it's supposed to be more logical, but it just seems so confusing...

You won't have to do it in RPN ... you will, however, have to adapt to HP making yet another random variant on the layout of the keyboard as HP plays "spin the wheel of keyboards". It won't be QWERTY, but it might be QVELTI.

I swear, I have never seen two HP keyboards with the buttons in the same place -- and, sometimes they have buttons I've never seen before. I mean, seriously, I've seen HP keyboards where the left-shift key was the size of a penny with a completely redundant "\" + "|" key to the right of it when there was already one of those in the usual place above the "enter". What the hell??

There really needs to be a law about making up new keyboards layouts for no good &*^%*(*&*%# reason.

Re:HP Reverse Telephone Notation (1)

twoears (1514043) | more than 3 years ago | (#32023340)

I know it's supposed to be more logical, but it just seems so confusing...

Did you ever really try learning to use RPN? Didn't think so. Just about anybody who has learned it finds it intuitive and light years ahead of infix (algebraic) notation in terms of flexibility. If it were not so, would HP still be making the outrageously successful HP-12C after all these years (introduced in 1981)?

Doomed (2, Insightful)

gyrogeerloose (849181) | more than 4 years ago | (#32022116)

If the direction the quality of HP printers is heading is any indication, say goodbye to Palm.

They used to be the best. Now, I wouldn't touch one.

Re:Doomed (3, Informative)

Anonymous Coward | more than 4 years ago | (#32022410)

Say what you will but HP is one of very few that actually fully support Linux. Not long ago I got one of their new multifunction inkjets and it works across the board with Linux (wireless printing, wireless scanning, everything) and I didn't need to do anything special to make it work. Good luck getting that anywhere else.

Re:Doomed (3, Insightful)

gyrogeerloose (849181) | more than 4 years ago | (#32022964)

Say what you will but HP is one of very few that actually fully support Linux

Okay, I'll give them that. I guess I'm mostly dismayed by how far HP has fallen over the years. At one time, a person could count on anything he bought from them to be a good product, probably the best available. Beginning with the Carly Fiorina era, though, it's been all downhill for them. They don't even make all that great built-like-a-brick-shithouse test equipment that they built their reputation on anymore.

Re:Doomed (2, Insightful)

Abcd1234 (188840) | more than 4 years ago | (#32022454)

If the direction the quality of HP printers is heading is any indication

Yes, because god knows the only thing HP makes is printers, and therefore printers are the perfect barometer for how Palm will fair under their auspices...

Re:Doomed (2, Insightful)

AuMatar (183847) | more than 4 years ago | (#32022590)

It is pretty much all they make. Its half the revenue of the company, and they sold all the interesting shit off as Agilent more than a decade ago. Now its crappy printers, crappy PCs, and some services to big businesses.

Re:Doomed (1)

CdBee (742846) | more than 3 years ago | (#32023064)

Agreed. HPs laptops have never been reliable enough to endow their maker with any reputation for quality. They must have earned it on their office/network equipment.... (oh, and the Jornada PDA range)

Re:Doomed (0, Flamebait)

rxan (1424721) | more than 3 years ago | (#32023358)

The Palm Pre, Pixi, and Pre Plus hardware is well known for being cheap. I can't see how it would get any worse. The software is nice but the hardware kills it for me.

Re:Doomed (4, Funny)

athakur999 (44340) | more than 3 years ago | (#32023404)

On the plus side, it means they'll sell the new Palm phones for practically nothing!

However, replacement batteries will cost $100. Also, they can't be recharged and the one that comes with the phone will only last you about 10 minutes.

Return of the iPaq? (5, Interesting)

jacks smirking reven (909048) | more than 4 years ago | (#32022142)

Smart move if HP is thinking about getting back into the phone business. They probably threw the idea around and came to the conclusion that they'd be another also-ran if they just pushed Android/WP7 sets (Especially since thats the move Dell is making)

As a Pre owner I would be glad to see WebOS on some adequate hardware, and in a tablet form as well.

Re:Return of the iPaq? (1)

spire3661 (1038968) | more than 4 years ago | (#32022578)

Pre Plus is the adequate hardware.

Re:Return of the iPaq? (1)

bananaquackmoo (1204116) | more than 3 years ago | (#32023502)

Actually sir I think you are confused. There is adequate technical hardware, and then there is hardware with adequate industrial design.

Re:Return of the iPaq? (1)

thePowerOfGrayskull (905905) | more than 3 years ago | (#32023552)

I ponder why they didn't call it a Post Pre.

Re:Return of the iPaq? (1)

skiman1979 (725635) | more than 3 years ago | (#32023564)

I sure hope so. I just received two Palm Pre Plus smartphones in the mail today. So far they seem pretty good, but I've never had a smartphone to compare.

Android has a new business risk (1)

perpenso (1613749) | more than 3 years ago | (#32023524)

... They probably threw the idea around and came to the conclusion that they'd be another also-ran if they just pushed Android/WP7 sets (Especially since thats the move Dell is making) ...

Android also has a new business risk since it is a Google brand. When making that build-or-buy decision you want your partner to be non-controversial, you don't want your company to be collateral damage in another company's fight with the Chinese government. Fair or not, just or not, Google is a riskier partner than they used to be. This is not the only factor to consider but it must have been part of the Android decision.

--
Perpenso Calc [perpenso.com] for iPhone and iPod touch, scientific and bill/tip calculator, fractions, complex numbers, RPN

It's about the patents (5, Insightful)

jdastrup (1075795) | more than 4 years ago | (#32022160)

I wondered why at first, but then figured out that HP can let Palm and its products die completely, while making money with the patents alone.

Re:It's about the patents (4, Informative)

rdean400 (322321) | more than 4 years ago | (#32022232)

The press release makes clear that HP intends to continue with webOS. In the press conference, they say they're intending to go forward with Android and Windows Phone gear as well.

Expect new webOS products (not just phones, but tablets as well).

Re:It's about the patents (5, Insightful)

jarrettwold2002 (601633) | more than 4 years ago | (#32022328)

tablets with webOS would be slick as all hell.

Perhaps it is true place of WebOS (1)

Ilgaz (86384) | more than 4 years ago | (#32022490)

Think about it, HP isn't run by some CEO that can reject to have World's de facto plugin just because he personally hates it.

Flash+Firefox core+open OS that does do everything a laptop would do would be the true killer thing. It isn't coming from a no name company either, it is HP who has real big prestige both at home and enterprise.

Re:Perhaps it is true place of WebOS (1)

DamageLabs (980310) | more than 3 years ago | (#32023482)

It probably is a good thing, but you are forgetting something.

Developers.

Palm told them to get lost. Broke all compatibility from Garnet to WebOS.

Getting them back now is a exceedingly tough job, after most of them switched platforms. No users and no developers will not be an easy task.

On the other hand, the bes calculators combined with some flair from the old Palm V or Clie lines would make a great product.

Re:It's about the patents (-1)

Anonymous Coward | more than 4 years ago | (#32022582)

slick like your asshole on a friday night, lubed with astroglide, dripping nigger sperm?

Re:It's about the patents (1)

Prien715 (251944) | more than 4 years ago | (#32022928)

Is there business mantra "Focus on everything?"

You can't have 3 product lines of phones/tablets on totally different architectures and expect to succeed without separating them out as brands...and even then, it's not clear what's to gain.

Re:It's about the patents (1)

mgblst (80109) | more than 3 years ago | (#32023604)

What the fuck does the press release have to do with anything? Do you think that they can't outright lie in a press release? Where have you been all these years?

Android... (1)

crhylove (205956) | more than 4 years ago | (#32022186)

Maybe HP Can put out some better hardware with Android OS now.....

Re:Android... (5, Interesting)

LWATCDR (28044) | more than 4 years ago | (#32022470)

Why?
WebOS has a better UI than Android does. And yes I am an Android user my wife has a Pre. WebOS is a good OS that had a STUPID SDK for a long time. They have fixed that and will soon offer access to the camera and mic which should help even more.

A relief... (1)

5pp000 (873881) | more than 4 years ago | (#32022226)

As a Pre owner, I find this a relief. I was worried Palm was just going to fade away.

And I'm glad the buyer has no existing smartphone business, so WebOS will be its sole platform.

Re:A relief... (1, Insightful)

Anonymous Coward | more than 4 years ago | (#32022340)

Yeah. Won't fade away. Not like their entire calculator division that Carly-bitch shut down for several years, no way.

Sorry, but I can think of no worse news long-term than HP owning them -- every geek-attractive device they've ever made has been dumbed-down, discontinued, or otherwise trashed at some point. But I guess if disposable printers are your thing, they're a great company.

Re:A relief... (1, Insightful)

Anonymous Coward | more than 4 years ago | (#32022824)

It kinda gets old reminding people of this: there is no money in servicing geeks. You people made it impossible because you are never pleased, so no one bothers anymore. You don't count. You did this to yourselves. Learn to live with it. Or I guess keep whining about it, it's entertaining, but it ain't never gonna change, chump.

Re:A relief... (5, Insightful)

TheRaven64 (641858) | more than 4 years ago | (#32022622)

I was worried Palm was just going to fade away.

Yup, now it's going to enjoy the same level of long term success as the Alpha, OpenVMS, Tru64...

Re:A relief... (1)

SeanBlader (1354199) | more than 4 years ago | (#32022808)

I'm with that. I just hope HP's recent lack of quality doesn't interfere with the potential of WebOS.

Re:A relief... (1)

Hydian (904114) | more than 4 years ago | (#32022878)

Yup. Good thing.

Sent from my HP iPAQ Glisten running Windows Mobile 6.5

HP still around? (2, Interesting)

Eggbloke (1698408) | more than 4 years ago | (#32022228)

HP, the world's largest computer maker.

HP are still that big? I haven't seen one of their products in years.

Re:HP still around? (5, Funny)

CorporateSuit (1319461) | more than 4 years ago | (#32022298)

It's my fault. I had to replace a few ink cartridges in my printer. That, alone, probably paid for Palm.

Re:HP still around? (2)

blair1q (305137) | more than 4 years ago | (#32022766)

That must be it. HP is planning on giving away a free Palm device with every ink cartridge sold starting in 2011.

Re:HP still around? (1)

LWATCDR (28044) | more than 4 years ago | (#32022414)

You are kidding right?
HP has a market cap of over 124 Million dollars.
They have 13 billion in cash in the bank.
Yea they are that big.

Re:HP still around? (1)

larry bagina (561269) | more than 4 years ago | (#32022630)

Yep, last I checked, 124 billion is over 124 million.

Re:HP still around? (4, Informative)

tgd (2822) | more than 4 years ago | (#32022504)

Their market cap is 125 billion dollars.

That makes the half the size of Apple, but five times Dell's size.

Re:HP still around? (3, Informative)

westlake (615356) | more than 4 years ago | (#32022668)

HP are still that big? I haven't seen one of their products in years.

300,000 full-time employees. Market cap $125 Billion. Indexed in the Dow Industrials. S&P 100, etc. In the U.S., second only to IBM in computer hardware sales. Does any of this ring a bell?

HPQ Competitors [yahoo.com]
 

Re:HP still around? (2, Informative)

capo_dei_capi (1794030) | more than 4 years ago | (#32023042)

When was the last time you saw an IBM product?

%spoiler Market cap: 166.53B [yahoo.com] %spoiler

Re:HP still around? (1, Informative)

Anonymous Coward | more than 3 years ago | (#32023290)

You must not spend any time in server rooms, then. Proliants are the lifeblood of many an SMB.

Confusing (1)

jarrettwold2002 (601633) | more than 4 years ago | (#32022244)

I was like "yay Palm survives". Then I thought about it, why is HP getting into the cell phone market? It doesn't make sense.

Re:Confusing (1)

rdean400 (322321) | more than 4 years ago | (#32022272)

They were in the phone business, but lacked a compelling product. The press release says that buying Palm gives them what they need to compete.

Re:Confusing (1)

tgd (2822) | more than 4 years ago | (#32022526)

HP (in the form of Compaq) created the smartphone market.

They're still one of the largest WinMo phone manufacturers.

Re:Confusing (1)

mgblst (80109) | more than 3 years ago | (#32023628)

Fuck off, they didn't start anything. They brought the big guns to the table with the first Compaq iPaq, but there were plenty of other WinMo phones release at exactly the same time, and they weren't the first smartphones.

I wonder why... (4, Insightful)

monoqlith (610041) | more than 4 years ago | (#32022258)

It's amazing the effect that one [youtube.com] creepy [youtube.com] girl [youtube.com] can have on a share price.

Seriously. That last one is the worst. Using a phone is like the transmigration of souls?

Boo. In fairness, it's not the girl's fault at all.

Re:I wonder why... (0)

Anonymous Coward | more than 4 years ago | (#32022556)

She was totally hot, it's just that the "story" in the commercial had nothing to do with anything. I wasn't even close to giving the users a reason to buy.

Marketing blunders... (3, Funny)

plover (150551) | more than 4 years ago | (#32022260)

By "marketing blunders", do they mean Palm's "The Most Pale Woman in the World" campaign? Because I've gotta say, she really didn't sell me on a Palm, or anything else.

She looked more like an extra from the Lord of the Rings (generic elf maiden #38) than a spokesmodel for a technical product.

Re:Marketing blunders... (2, Insightful)

gyrogeerloose (849181) | more than 4 years ago | (#32022408)

By "marketing blunders", do they mean Palm's "The Most Pale Woman in the World" campaign? Because I've gotta say, she really didn't sell me on a Palm, or anything else.

Agreed. That's got to be one of the worst ad campaigns ever--worse than Microsoft's abominable Bill Gates/Jerry Seinfeld ads, even. Palm should have gone after their ad agency and demanded a refund.

Re:Marketing blunders... (2, Funny)

rxan (1424721) | more than 3 years ago | (#32023402)

She looked more like an extra from the Lord of the Rings (generic elf maiden #38) than a spokesmodel for a technical product.

I thought I recognized her.

Re:Marketing blunders... (0)

Anonymous Coward | more than 3 years ago | (#32023478)

She was/is scarrrry. I could never buy a phone from her.

Forgive me if I'm merely having a short memory... (0, Flamebait)

Dragoniz3r (992309) | more than 4 years ago | (#32022264)

Seems to me that the Pre made more of a splash by requiring people to give up their SSN to buy it, than it did in the market. Am I off base here? I don't really remember seeing anything in the news about what a smashing success the Pre was, but I suppose I may have just forgotten...

Re:Forgive me if I'm merely having a short memory. (0)

Anonymous Coward | more than 4 years ago | (#32022840)

The article about requiring a SSN was terribly misleading.

The fact is that at launch, the Palm Pre was only available on Sprint with a 2 year contract. Sprint generally requires a SSN to do a credit check before you can sign up. So it's really Sprint's fault, not Palm.

Additionally, you can forgo the credit check with a refundable cash deposit -- so the whole thing was an overreaction by some paranoid techies.

Now smashing success, the Pre was not. It has critical acclaim because it does a number of things like multitasking really well*, but it's been selling poorly in competition with the iPhone and Android phones.

* Yes, the upcoming iPhone does multitasking now, but nowhere near as well as WebOS. Also, notifications for SMS, email, etc, are unintrusive and way better than the iPhone.

Re:Forgive me if I'm merely having a short memory. (1)

eyecorporations (1401035) | more than 4 years ago | (#32022982)

You mean the fact that Sprint does a credit check before you sign a contract on any phone? And that it didn't make a splash anywhere except for being sensationalized on /.? http://yro.slashdot.org/story/09/06/21/2359255/SSN-Required-To-Buy-Palm-Pre?from=rss [slashdot.org]

Please please! (1)

gilesjuk (604902) | more than 4 years ago | (#32022306)

Release loads of nice phones with WebOS, lots of different form factors and at a good price.

WebOS is a great OS, it is the hardware that sucks at the moment.

Re:Please please! (1)

spire3661 (1038968) | more than 4 years ago | (#32022694)

The Pre Plus is a nice piece of hardware. I came from a WinMo5 XV6700. Using my Palm Pre Plus is like heaven in comparison.

Buying it back... (5, Interesting)

Hobbex (41473) | more than 4 years ago | (#32022308)

Since HP already own 3COM, who spun off Palm in 2000 (with a first day valuation of something like 30 times what they are paying for it today), one could almost say that Palm is being bought back after 10 (not so happy) years as an independent company.

Does that include... (1)

ShaunC (203807) | more than 4 years ago | (#32022320)

..the creepy Canadian chick from the commercials?

Re:Does that include... (4, Funny)

somersault (912633) | more than 4 years ago | (#32022562)

She might be a bit creepy, but I certainly wouldn't refuse her Palm.

Re:Does that include... (-1, Troll)

Anonymous Coward | more than 3 years ago | (#32023296)

I'd prefer to fuck her tight pink asshole.

Re:Does that include... (1)

capo_dei_capi (1794030) | more than 4 years ago | (#32022912)

Nah, she got fired [engadget.com] .

If IBM... (2)

sophomoric (1715780) | more than 4 years ago | (#32022348)

If IBM were to buy HP+Palm, it would be the ultimate congolmerate of once-great companies.

In other news... (1, Funny)

srussia (884021) | more than 4 years ago | (#32022350)

A1 to Buy Canola for $1.4 billion

More ink (1, Funny)

Anonymous Coward | more than 4 years ago | (#32022442)

Wonder how they will sell more ink to Palm customers?

So one more rollback of carly's program... (1, Funny)

Anonymous Coward | more than 4 years ago | (#32022616)

I guess the next version of the pre will be called the jornada palm :-)

HP's new mobile social networking site: (5, Funny)

Anonymous Coward | more than 4 years ago | (#32022628)

Facepalm

BEOS (0)

Anonymous Coward | more than 4 years ago | (#32022646)

Hmm. I wonder if HP will be willing to release the BE OS sourcecode. The guys at the Haiku project are doing a fantastic job, and while a lot of work is done on the project, I think that if HP would release the code once it completes its acquisiton of Palm, it would be of great help to them.

Note: Be Inc was acquired by Palm

Re:BEOS (0)

Anonymous Coward | more than 4 years ago | (#32022726)

I doubt HP will, and even if they did, I'm not sure how much it'd help at this point -- I recall reading comments from one of the Haiku guys (a kernel hacker, IIRC) in an interview to the effect that they're close enough to finished that it'd probably be easier to wrap it up themselves than to rework their code and BeOS code to fit together. Though at higher levels, it might be more beneficial.

Title fight... (0)

Anonymous Coward | more than 4 years ago | (#32022658)

HP is starting to challenge Computer Associates as being THE place where good technology goes to die.

Did they learn nothing from Ipaq? (0, Troll)

ip_freely_2000 (577249) | more than 4 years ago | (#32022690)

Wow. $1.2B for what? A list of customers that have no taste?

Does Pre have any PDA features? (0)

Anonymous Coward | more than 4 years ago | (#32022714)

I really liked my Tungsten E as an organizer, before it started acting up (cheap crummy power switch). Nobody seems to know, or care, if the Pre is a good organizer. The iPhone definitely isn't. I'm currently on Windows Mobile, which is at least functional.

Re:Does Pre have any PDA features? (1)

baka_toroi (1194359) | more than 4 years ago | (#32022804)

Windows Mobile

functional.

Does not compute.

Could be good. Could be dumb. (0, Troll)

blair1q (305137) | more than 4 years ago | (#32022742)

Palm's software and hardware are way overmatched by Apple and the Droids.

HP will have to come out with something pretty spectacular to get their money back on this.

HP's New Girlfriend (2, Funny)

Anne_Nonymous (313852) | more than 4 years ago | (#32022858)

Now that Carly Fiorina isn't around to fuck HP any longer, it's now girlfriend is it's Palm.

Hopefully... (2, Insightful)

aodash (776554) | more than 4 years ago | (#32023048)

HP won't pull an Oracle - ruin Palm the way Oracle has ruined Sun.

Re:Hopefully... (1)

alexborges (313924) | more than 3 years ago | (#32023276)

Too soon to tell if sun will be ruined. Mysql though, thats another story.....

sigh.

ha (1)

Charliemopps (1157495) | more than 3 years ago | (#32023300)

This is just AOL/Time Warner all over again. Their both just trying to extend their inevitable death spiral. It reminds be of that Disney movie "Black Hole" They're just stuck there on the edge... doomed. Waiting for that crazy robot guy to smash the ship and send them spiraling in.

New name (3, Funny)

adenied (120700) | more than 3 years ago | (#32023302)

Perhaps their new name should be HPalm3Compaq.

No (2, Informative)

Dunbal (464142) | more than 3 years ago | (#32023338)

HP BOUGHT Palm. Shares of PALM are no longer traded on the NASDAQ as of market close today. If you were short, you owe a lot of money...

Long-forgotten opportunity (3, Insightful)

WheelDweller (108946) | more than 3 years ago | (#32023384)

I guess it was the 'shirts' that decided Palm's handwriting recognition was 'too valuable' to license...idiots. The time for using that had seemed passed, and nowdays with touch-screen oriented smartphones, it sounds like a good idea, again.

This sounds silly; but I STILL have a couple of Palm 5's around here. When I was a security guard, I could actually watch a line for activity, while writing on the Palm, without worrying about it being readable. I *SO* prefer it to the number-pad texting; it's so much faster and easy to learn.

Let's hope of all the treasures HP has found and lost, that the handwriting program is something they feel like licensing, cheaply, because it's darned useful, not hiding, because "they want to make all their money back". (This never happens, introducing scarcity: people work around it, instead).

So....GO HP!

Anti-Trust (0, Offtopic)

joocemann (1273720) | more than 3 years ago | (#32023474)

HP makes palm devices.

Palm makes palm devices.

They COMPETE.
-----------

Seriously... How does this junk fly without the greasing of political pockets?

But don't worry... some distraction of an explanation will come up... some B.S. to lure you away from the main point that these two companies compete directly and now they won't be.

If they can consolidate, that's fine. But then I want my government to set maximum pricing, and set it nice and low so as to protect me from olig/monopoly gouging.

Bummer (1)

Haxzaw (1502841) | more than 3 years ago | (#32023536)

I would have bought them, but I wasn't willing to go anywhere near that high. Probably $1.2K would have been my offer, oh well.

Duck! (1)

WiseWeasel (92224) | more than 3 years ago | (#32023600)

Watch out, Microsoft employees! Flying chair hazard!

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