Sunday, May 31, 2009

Countdown to the Palm Pre

Countdown to the Palm Pre

In 6 days, Palm is going to unveil the brand new Palm Pre smart-phone.

The last few months, Palm has been busy building the suspense and remaining secretive on details of the upcoming phone.

Blogs, Social networks, News feeds, Reviews, Videos, Rumor mills, CNN fortune, twitter. Everything! Everyone is on the new phone.

Back in 2006, Palm was struggling to stay afloat. Ed Colligan (CEO) did an amazing job of convincing Elevation Partners to invest $425 million! Money was invested to create money.

The Pre is the next big thing after the Apple iPhone. The Web OS Operating System that powers the Pre is revolutionary. The world has not seen anything like it, yet.

To create an Operating System on a phone where applications are built using plain HTML and Javascript is new. This is a first.

There is no doubt. Demand is going to be huge. Palm is going to face a shortage. The company will recover the $425 million invested in no time.

It appears that the Web OS will power a range of smaller hardware devices. Phones, smaller form factor devices?

Microsoft has been using this strategy for a while. The main Operating System is broken down into multiple flavors. The licensing fee is unique to the flavor.

Palm is pulling the same stunt with Web OS.

It is fascinating to see how Palm jumped to $12 per share compared to the $1 per share back in December.

To bounce back from dust during a recession is something.

This is a company with mobility in its DNA.

Really exciting times for Palm and for all those involved with the company.

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