Palm hopes its Pre is a handful for competition - Los Angeles Times
May 19, 2009
More than a decade ago, Palm Inc. rose to prominence on the strength of its Palm Pilot, a small device that put computing power literally into customers' hands. In its stock's first day of trading nine years ago, the shares nearly tripled from their initial offering price.
But the technology market bust, lowered demand and the rise of smart phones, where Palm's Treo was once a major player, took their toll. Palm looked into selling itself two years ago, and its stock hit a low in December, closing at $1.42, down 99.6% from that first-day close...
More than a decade ago, Palm Inc. rose to prominence on the strength of its Palm Pilot, a small device that put computing power literally into customers' hands. In its stock's first day of trading nine years ago, the shares nearly tripled from their initial offering price.
But the technology market bust, lowered demand and the rise of smart phones, where Palm's Treo was once a major player, took their toll. Palm looked into selling itself two years ago, and its stock hit a low in December, closing at $1.42, down 99.6% from that first-day close...
posted by Connect Ohio at
7:29 AM
<< Home