Palm

According to recent press release Palm will announce “a new category of mobile device“, tomorrow, May 30th, at the D: All Things Digital conference in Calrsbad, California.
We want your opinions… Do you think that Palms new device will reverse their fortune?
Palm

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Remember a few weeks ago when everyone thought Palm was about to be sold? First we thought it was Nokia that would buy the struggling smartphone maker, then we thought that it would be Motorola that would take over the company.
Well, according to Palm Inc. CEO Ed Colligan is off the auction block. [...]

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CNBC is reporting that a major Palm shareholder, who did not want to be identified or his stake disclosed, is expecting Motorola to acquire Palm for about $2 billion.
“They (Palm) generate a lot of cash,” the shareholder added. “Paying $2 billion in cash for a company generating $120 million in free cash flow is not [...]

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Unstrung.com is reporting that Palm buyout could be finalized as early as Thursday this week and that the going price will be somewhere around $20 per share. Rumors about Palm being sold have been floating around for some time now and at one point, BlackBerry maker Research in Motion was thought to be one [...]

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Rumor has it that Cingular will launch the Palm Treo 750 at CES in Los Vegas this coming Sunday.
Cingular Treo 750, CES

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I think this summary from the Gaurdian sums it up nicely.
Palm

Key product Treo smartphone
Location Sunnyvale, California
Annual sales $1.57bn (£800m)
Profits $336m (year to June)
Employees 1,103
Market capitalisation $1.4bn
Shares Down 44% since April

Research in Motion

Key product BlackBerry
Location Waterloo, Ontario
Annual sales $2.06bn
Profits $382m (year to March)
Employees 4,784
Market capitalisation: $24bn
Shares: Up 123% since July

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BlackBerry competitor Palm has just embarked on a six-month, $25 million advertising campaign that launched this week for the Treo 680.
AKQA developed the Treo 680 campaign, which incorporates a media mix of print, out-of-home, online, mobile and viral advertising. This includes a Palm street team in major metropolitan markets to show passersby how to use [...]

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When I first blogged about how RIM should consider a possible Palm buyout, a lot of people thought I was nuts. Over a year later, I think that this is even a better idea now than I did the first time and it looks like a few analysts think so too.
Shares [...]

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