A Contrarian View on palmOne
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The stock may be an opportunity for trend-bucking investors, if they ask the right questions.
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Also: Treo troubles trigger Palm plunge. Read these stories and more from around the Web at News.com Extra.
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Pity the eBay speculators: Despite the lines and hype, there's no shortage of Apple's slick new handhelds.
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Let's work on core stability, first "Foleo is the most exciting product I have ever worked on," Palm founder Jeff Hawkins, May 2007â¦
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In a completely expected announcement, palmOne has formally announced the Treo 650. There are few, if any surprises, considering they&#39;ve done an amazingly bad job of protecting against leaks.
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NEW YORK - If PalmOne&#39;s Tungsten T5 handheld was an automobile, it would be described as being a facelift rather than a complete overhaul of the model that preceded it, the Tungsten T3.
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Record sales, but numbers still down Palm is still losing money, despite the Centro selling in record numbers (for Palm). The company lost $9.6m in the three months to 30 November, on revenues which are down 11 per cent on last year to $349 million.â¦
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The new Palm Tungsten T5 takes a lot of steps backward, but offers one huge leap forward.
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Sometimes it pays to befriend an enemy. Longtime foes palmOne Inc. and Microsoft Corp. Tuesday announced a licensing deal that will allow the next generation of palmOne&#39;s
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âThe iPhone makes me mad,â proclaims Peter Svesson (AP Technology Writer). âNot, mind you, at the iPhone itself, but mad at cell-phone manufacturers who have saddled us for years with interfaces that lure us into labyrinths of menus.â Unlike cell phones with buttons that âcan mean âBackâ on one screen, âCancelâ on another, [and] âExitâ on a third,â iPhone âhas one button on its face. It always does the same thing: takes you to the top menu, where icons representing all functions of the phoneâmusic player, Internet browser and moreâare laid out in a clear manner. Wham, youâre out of the labyrinth.â That, Svensson laments, is âthe way it always should have been done.â
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When $100 buys a pocket-sized gadget that can store decades' worth of appointments -- and $200 gets you one that also serves as a digital photo album and MP3 player -- why would anybody spend up to $500 on a new Palm or Pocket PC handheld? -Rob Pegoraro
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Sometimes it pays to befriend an enemy. Longtime foes palmOne Inc. and Microsoft Corp. Tuesday announced a licensing deal that will allow the next generation of palmOne's Treo smart phones to work directly with Microsoft's Exchange e-mail system.
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PalmOne ha finalmente presentato ufficialmente ieri il Treo 650, smartphone basato sul sistema operativo PalmOS, oggetto negli ultimi mesi di numerose indiscrezioni su quelle che sarebbero state le caratteristiche tecniche.
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(InfoWorld) - Recent reports that Nokia is in talks to buy Palm surprise some analysts, who nonetheless said some type of buyout might make sense and could even be a good thing for customers. According to news reports, the pioneering handset maker has been talking with possible suitors, and Nokia has emerged as the frontrunner for an acquisition, though investors might simply take the company private. Earlier reports said Motorola wanted to buy Palm. Palm is profitable and increasing sales but faces tough competition and has stumbled recently. It has sold fewer devices than analysts expected in recent quarters, in part because of delays in getting products out, said Casey Ryan of Nollenberger Capital Partners in San Francisco. New products from Research In Motion and other rivals have also eaten into Palm's market share, Ryan said. The whole high-end phone category is drawing many new entrants with flashy devices, including Apple with its iPhone. Palm was instrumental in creating the market for PDAsÂ in the 1990s but has moved with the rest of the handheld business to devices that can also be used as phones. Its Treo smartphones, which come with either the Palm OS or the MicrosoftÂ Windows Mobile platform, are now Palm's bread and butter. A Palm purchase by Nokia would mark a sharp turn for the Finnish cell-phone giant, analysts said. Nokia is focused on the OS developed by Symbian, of which it is a major owner, and its own operating systems, Needham's Ryan said. Although it has had trouble selling its high-end phones in some areas outside Europe, such as the U.S., Nokia has always insisted its operating systems were better than the competition's. Bringing the Palm and Microsoft platforms into its lineup would be like Apple's chief Steve Jobs unveiling a Windows PC, he said. "To me, it would seem to be a very challenging press conference," Ryan said. Even if Nokia swallowed hard and admitted it needed Palm OS and Windows Mobile, the company would be faced with steep hurdles in corporate integration, he added. A private buyout would make more sense, the analysts said. Palm is a basically sound company in a growing industry and could appreciate strongly over the next few years, according to Ryan. A reported price of $20 per share seems reasonable, he said. On Thursday, Palm's shares (PALM) closed at $16.49, down $0.06. Private investors could turn out to be heroes to Palm OS users, according to Greengart. They could shield Palm from the harsh glare of quarterly earnings expectations, possibly freeing management to make the big investment required to bring Palm OS up to date, he added. Despite several changes in direction and ownership over the past few years, the software has remained largely the same except for the addition of video capability, he said.
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Aimed as a 'companion' for its smartphones but essentially a computer on its own, Palm introduced the Foleo, a Linux-powered laptop-like device.
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PalmOne's product revamp includes a Tungsten handheld that won't let data die and a Treo packed with higher-end features.
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(InfoWorld) - The official Palm blog has added an audio interview with Palm's founder in what appears to be a new attempt to justify theÂ recently announced Foleo. The Foleo, which works with a smartphone, is in a category of its own and has largely puzzled the market. It is the size of a small laptop with a full keyboard and a 10-inch display but no hard drive and will cost $499 after a $100 rebate. Palm hasn't revealed details of the processor but says it's too slow to nicely display video. The Foleo is designed to be used in conjunction with a smartphone which it connects to via Bluetooth. The Palm blog says that it is making available the audio interview with Palm founder Jeff Hawkins in an attempt to answer some of the many questions people have about the Foleo, though the blog entry admits that the interview "barely scratches the surface of everything out there." The Foleo is not a laptop and doesn't pretend to be one, Hawkins says in the segment. "It's not a product for everyone," he says. But for Treo users who travel a lot and would prefer not to lug their heavier laptops with them, the Foleo could meet their needs, he said. The Foleo would be perfect, for instance, for use on a plane, where laptops often are too big for the tray table. The Foleo is "so light and small" that users will carry it around with them the same way they carry their Treos around everywhere, he said. Smartphone users who heavily rely on the phone for e-mail and other online functions would want to use the Foleo when they occasionally need a bigger screen or need to type a lot, he said. Hawkins' renewed explanations, which sound similar to descriptions of the Foleo offered at the launch in late May, may not satisfy some early critics. "The limited functionality offered by the Foleo pales in comparison with far more capable, heavier, and not much more expensive notebooks," wrote Todd Kort, a Gartner analyst, in a report published a few days after the Foleo introduction. The Foleo would be more attractive if it had personal information management software, instant messaging, VoIP, a faster processor, and a better battery, Kort said. Kort was so unimpressed with the functionality of the Foleo that he recommends customers instead considerÂ buying an external keyboard that costs around $80, weighs just 300 grams, and "meets much of the same user needs as the Foleo." Comments on the Palm blog reveal mixed feelings from customers. Some say that they're excited to try out the Foleo, while others are clearly still confused about why it's necessary. One reader wrote: "As ever, the most critical question remains unanswered: Why?"