Palm reports today the COB and it is expected that they are going to have a pretty big miss on earnings… $0.43-$0.48 per share. Normally you would see companies stock price in this situate tank, however, Palm has been on an upward journey most of the day. The reason for this, I’m guessing, is that Palm is a prime takeover target about right now and the rumor mill is churning.
RIM should buy it, take its WebOS and jettison its crappy BB OS. WIN!