GC Mouli's Blog

HP buys Palm

HP is buying the beleaguered smart phone manufacturer Palm for $1.2 billion. Palm has been struggling to make ends meet in recent times. It approached HTC and a few other companies, who refused to buy them. At one point in time, there were only 2 smart phones in the world - Palm and the Blackberry. With some many variants in the market, now it is Apple and BlackBerry which dominate it, closely followed by HTC. Lets see if Palm re-invents itself within HP, and rises from the ashes. HP's IPAQ has been suffering sales for a longer time now. Would the Palm portfolio increase HP's interests in smartphones. Read the full article in BusinessWeek here. Image courtesy: amazon.co.uk
http://rcm.amazon.com/e/cm?lt1=_blank&bc1=000000&IS2=1&bg1=FFFFFF&fc1=000000&lc1=0000FF&t=gcmoulicom-20&o=1&p=8&l=as1&m=amazon&f=ifr&md=10FE9736YVPPT7A0FBG2&asins=B002JIO4JY