With the recent introduction of two new Android handsets by Verizon Wireless (NYSE: VZ), Palm (NSDQ: PALM) seemed to be losing the popularity contest. But now there’s evidence emerging that Verizon may still launch a Palm webOS device early next year. A launch of that magnitude could give the platform a much-needed jolt, especially as rumors float around that Palm is appearing more and more like a buy-out candidate.
In a research note to investors, All Things D reports that Kaufman Bros. analyst Shaw Wu says a Palm smartphone on Verizon’s network could happen in the first half off 2010 based on checks with supply chain sources. Wu provides three reasons why Verizon would want to carry a Palm phone: despite heavy promotion and favorable reviews, the Motorola (NYSE: MOT) Droid and HTC Droid Eris have not met expectations; Palm
Speculation of a PALM buyout – a well worn story. Two trends here – Journalists / Analysts consider are too confident (read smug) in their prediction that PALM cannot make it on their own. Shaw Wu does not speculate of a buyout – but Tricia being a far more insightful investor sees buyout speculation.
Easy stuff to rehash what everyone is saying – the "Me Too" road to reporting.