Monday, May 17, 2010

HP buys Palm

       After a month of bidding, we finally have a winner! HP beat the compilation and and acquired Palm, our favorite underdog smart phone manufacturer.  At $5.70 a share HP barely squeaked out in front of the competition (who's names we do not know at this moment).

        Palm after being plagued by a large quarterly loss, ($22million) its not surprising that they went this route. With and luck we may see new life breathed into the Palm series by HP, and create some more phone OS drama with our friends Android and Iphone OS.

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