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-   -   Why would Nokia want Palm? (https://talk.maemo.org/showthread.php?t=34452)

Crashdamage 2009-11-14 14:05
Why would Nokia want Palm?
 
Can anyone give me a good reason why Nokia would even consider buying Palm? Palm has nothing to offer but large debts, continuing losses, a has-been name, a very small market share and not-great hardware only offered on Sprint, a nearly dead provider.

Oh, and WebOS, which is generally fairly good, yes, but there's not many apps or developer interest for it. And Nokia has both Symbian and Maemo already. I can't think of anything significant that WebOS offers that Maemo doesn't or couldn't easily do. Far as I can tell, Maemo should have better possibilities.

So what's the value Palm offers to Nokia that would make them even consider a $2 billion investment? I just don't get it...

http://www.reuters.com/article/busin...5AC4QV20091113

(Thanks to nuknuk for that link)

Satz 2009-11-14 14:12
Re: Why would Nokia want Palm?
 
Quote:
Originally Posted by Crashdamage (Post 375972)
Can anyone give me a good reason why Nokia would even consider buying Palm? ......

Quote:
Source of the false rumour that Nokia is going to buy Palm is a press release issued Tuesday in Finland, home of Nokia, about Nokia's purchase of Plum Ventures, Inc. That's Plum, P-L-U-M, not Palm! Of course if you are a non-English speaking Finn Palm and Plum are just two very similar, random sets of characters. That and previous Nokia/Palm rumors started the rumor anew in Finland. It jumped the big pond to The US, and back again to Europe, without the clarifying press release. Palm stock shot up when the rumor began circulating widely and still hovers above $17.00 a share. Wouldn't want to be long on Palm when this hits the wires. English version of release: http://media-newswire.com/release_1099224.html
http://www.fool.com/investing/value/...-doorstep.aspx

Comments^

tissot 2009-11-14 14:18
Re: Why would Nokia want Palm?
 
Quote:
Originally Posted by Crashdamage (Post 375972)
Can anyone give me a good reason why Nokia would even consider buying Palm? Palm has nothing to offer but large debts, continuing losses, a has-been name, a very small market share and not-great hardware only offered on Sprint, a nearly dead provider.

Oh, and WebOS, which is generally fairly good, yes, but there's not many apps or developer interest for it. And Nokia has both Symbian and Maemo already. I can't think of anything significant that WebOS offers that Maemo doesn't or couldn't easily do. Far as I can tell, Maemo should have better possibilities.

So what's the value Palm offers to Nokia that would make them even consider a $2 billion investment? I just don't get it...

http://www.reuters.com/article/busin...5AC4QV20091113

(Thanks to nuknuk for that link)
It could be the door back to USA market. With Maemo don't see any reason for it in Europe and Asia.
So yeah might be a bit too much to pay for just that. Thought USA is more important cell phone market than what it have ever been before and that's one thing hurting Nokia currently.

tso 2009-11-14 14:37
Re: Why would Nokia want Palm?
 
i keep wondering why RIM is getting such a big smartphone star...

Stskeeps 2009-11-14 15:23
Re: Why would Nokia want Palm?
 
I can list a couple of things:

* OMAP3 expertise
* Experience with web runtimes
* Further entry to US market

aboaboit 2009-11-14 15:30
Re: Why would Nokia want Palm?
 
Quote:
Originally Posted by Crashdamage (Post 375972)
Can anyone give me a good reason why Nokia would even consider buying Palm?
Decent handwriting recognition on 10 yrs old hardware.

YoDude 2009-11-14 15:37
Re: Why would Nokia want Palm?
 
Quote:
Originally Posted by Stskeeps (Post 376043)
I can list a couple of things:

* OMAP3 expertise
* Experience with web runtimes
* Further entry to US market
That^, and a strong patent portfolio...

When that rumor first hit the street at the end of September Palm stock jumped. It has since settled back down but shows a bit of a resurgence just as this thread and threads on other forums are resurfacing...


Anyone up for a little executive stock option pump and dump? :p

mullf 2009-11-14 15:43
Re: Why would Nokia want Palm?
 
Quote:
Originally Posted by YoDude (Post 376062)
That's a stock market term? I thought is was a dating term. :eek:

The_Solutor 2009-11-14 15:54
Re: Why would Nokia want Palm?
 
Quote:
Originally Posted by Crashdamage (Post 375972)
Can anyone give me a good reason why Nokia would even consider buying Palm?

US customers are usually diffident with the european brands.

Palm is a very well recognized brand in the US, and has a very good experience on the UI and ergonomic of the mobile devices.

But is historically plagued on the HW quality side, and is at the moment the weakest competitor on the US market.

So buying Palm could make perfect sense for Nokia, as buying Chrysler did for Fiat.

Different industries, similar situations.

olighak 2009-11-14 15:58
Re: Why would Nokia want Palm?
 
The only sense I can see is to run the Palm brand for a few years and "Nokia-nize" it until it wupti! becomes like any other Nokia phone. Maybe start off with "Palm by Nokia" and changing the UI to look more "Nokia" style. Until you just drop webOS and put Symbian or Maemo on "Palm" devices.

Then 2-4 years down the road "Palm by Nokia" Pré/Pixi becomes Nokia Pré/Pixi (or whatever else).

Use the Palm creative staff and their sales channels to strengthen the sales of Nokia in the US.

My Palm Tungsten T3 PDA was a fun little thing, but to me Palm is oh so 2003 and I don´t find them very appealing as a phone manufacturer.


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