This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Tech Rumor of the Day: Palm

It seems obvious, in light of Google's (GOOG - Get Report) Chrome operating system initiative, that Palm's (PALM) plans for its WebOS software are much bigger than the Pre phone.

Here are three reasons Palm will push into the netbook market:

  • Laptops are shrinking to the size of, well, Palm tops.
  • Palm has dipped a toe here before with the ill-fated Foleo.
  • Smartphones and mini-notebooks are almost the same and, it's where all the action is.
  • The market for software to run next-generation mobile computing devices is surprisingly wide open. Microsoft (MSFT - Get Report), Apple (AAPL - Get Report), now Google and eventually Palm are leading the race to this space. And while the opportunity is huge, developing the right system, one that's light enough to run for nine hours but muscular enough to hoist several programs at one time, is the big challenge.

    Tech giants are approaching the target from different angles. Microsoft and Apple have to scale down computer operating systems, while Google and Palm have to beef up smartphone software.

    Linux software seems to fit the specs. The cheap, open-source, developer-friendly system is at the core of Google's Chrome plan, and it is the code inside Palm's WebOS.

    Analysts like Trip Chowdhry with Global Equities Research have proposed that Palm will make netbooks. And numerous bloggers have speculated that Palm will take another stab at the Foleo, a failed early netbook effort designed puzzlingly as a smartphone accessory.

    Palm was early and wrong the first time. But now it has a former Apple engineer heading the company and a budding success with a new WebOS operating system.

    You can probably expect Palm to be a force in this emerging smartbook trend.

    Check Out Our Best Services for Investors

    Action Alerts PLUS

    Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

    Product Features:
    • $2.5+ million portfolio
    • Large-cap and dividend focus
    • Intraday trade alerts from Cramer
    Quant Ratings

    Access the tool that DOMINATES the Russell 2000 and the S&P 500.

    Product Features:
    • Buy, hold, or sell recommendations for over 4,300 stocks
    • Unlimited research reports on your favorite stocks
    • A custom stock screener
    Stocks Under $10

    David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

    Product Features:
    • Model portfolio
    • Stocks trading below $10
    • Intraday trade alerts
    14-Days Free
    Only $9.95
    14-Days Free
    Submit an article to us!
    SYM TRADE IT LAST %CHG
    AAPL $128.95 0.00%
    GOOG $537.90 0.00%
    MSFT $48.66 0.00%
    FB $78.99 0.00%
    TSLA $226.03 0.00%

    Markets

    DOW 18,024.06 +183.54 1.03%
    S&P 500 2,108.29 +22.78 1.09%
    NASDAQ 5,005.3910 +63.9670 1.29%

    Partners Compare Online Brokers

    Free Reports

    Top Rated Stocks Top Rated Funds Top Rated ETFs