HP Palm Acquisition Approved–Great Things are Coming!

Apparently, the HP acquisition of Palm has been approved by Palm shareholders, and some interesting news has been posted at the Precentral forums by user jakerome:

Talking with Teri after we learned:
There will be no earnings report this quarter.
There are great new products on the way.
Rubenstein will lead the new H/Palm smartphone/mobility unit which will absrob the iPaq division.
the deal is expected to close the first week of July.
HP wanted Palm to warn at the merger announcement so that the bad news was all out in the open.
Verizon ordered nearly 1 million phones, and essentially didn’t order any this quarter.
AT&T launch has gone better than Verizon, as the staff is much better trained.
Sell-through overall has improved this quarter but still isn’t quite where they want it.
we should expect great new products, and Teri was especially enthusiastic about the launch of webOS 2.0 and new hardware to go with it, but she didn’t offer any details.

Perhaps the biggest news is that the deal could close in the first week of July. That’s almost a month sooner than many have expected, and means we should be hearing more from the combined company much sooner that we’d hoped.

Also, mention of webOS 2.0 is huge news, as is new hardware to go with it. My expectation is that we’ll see both in the September timeframe, and that we’ll get some kind of announcement once the deal is closed (which could mean, an announcement in the second week of July).

Comments

  1. I have always thought that the next device would be announced in September / Ocotber and released either just before thanksgiving or on black friday. I really do think this is the best time to release phones now that Apple has a lock on the releases in June with the iPhone.

Trackbacks

  1. [...] This post was mentioned on Twitter by Mark Coppock, A Marks. A Marks said: RT @aboutpalmpre: Some quick thoughts on the @HP & @Palm shareholders meeting: http://bit.ly/dAj3mD #webOS #palmpre #palmpixi [...]

  2. [...] it before, and I expect to hear it again before all is said and done. And I’ve written about this so many times, I’m starting to sound like a broken [...]

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