Live data from Hacker News

HP Buying Palm For $1.2 Billion

finance.yahoo.com

111–120 of 148 posts

Re: HP Buying Palm For $1.2 Billion

#111

According to the press release, Palm shareholders get $5.70/share. The stock is above $5.90/share in after-hours trading. Is there some reason for this? Is this an arbitrage opportunity (assuming you could get shares to borrow)?

Got to keep in mind that a lot of short sellers will be covering, which could account for some of the premium.

Re: HP Buying Palm For $1.2 Billion

#112

I have to think that HP could just throw $100m at the problem and build an embedded OS that's far better than Palm, without having to take on the assets of a long-since failed corporation.

When a big company throws $100,000,000.00 at something it tends to attract a lot of people (either internally or externally) who are more interested in figuring out how to acquire as much of the $100,000,000.00 as possible without worrying too much about delivering a final product in any kind of time frame. By buying Palm HP knows that it's getting a modern mobile OS that's already in use on shipping products. For a…

You just described the entire government contracting industry.

Re: HP Buying Palm For $1.2 Billion

#113
post #78

HP's getting a hell of a deal here. They're now a major player in the mobile devices market, overnight. Palm has current relationships with the three biggest American cell carriers, plus channels in Canada, France, Germany, UK, and Mexico. Palm also has an extensive patent portfolio, many of which Apple is infringing upon. However, the real prize is WebOS. I just got back from Palm's Developer Day, and their technolo…

Is there more information about the next OS version publicly available? It sounds pretty awesome.

I saw a slide with the mention of node.js on it. I really want to find out more about that.

Re: HP Buying Palm For $1.2 Billion

#115
post #67

HP's getting a hell of a deal here. They're now a major player in the mobile devices market, overnight. Palm has current relationships with the three biggest American cell carriers, plus channels in Canada, France, Germany, UK, and Mexico. Palm also has an extensive patent portfolio, many of which Apple is infringing upon. However, the real prize is WebOS. I just got back from Palm's Developer Day, and their technolo…

"This deal (...) gives HP all the things they need to go head-to-head with Apple." Except for the one thing that makes apple products special: Design.

Except for a lot of other things, too: iTunes client, App Store with millions of credit card numbers in its database, MobileMe cloud service, a chip design firm in PA Semiconductor, 5% of Akamai, 7% of Disney, a soon to launch iAds, and a soon to launch Game Centre.

People seem to forget that Apple owns a chunk of absolutely everything from one end to the other.

Re: HP Buying Palm For $1.2 Billion

#116

Earlier quoted context omitted.

When a big company throws $100,000,000.00 at something it tends to attract a lot of people (either internally or externally) who are more interested in figuring out how to acquire as much of the $100,000,000.00 as possible without worrying too much about delivering a final product in any kind of time frame. By buying Palm HP knows that it's getting a modern mobile OS that's already in use on shipping products. For a…

You just described the entire government contracting industry.

I just described the intersection of power, money, and business. (so yeah, government contracting fits in the bucket)

Re: HP Buying Palm For $1.2 Billion

#117
post #67

HP's getting a hell of a deal here. They're now a major player in the mobile devices market, overnight. Palm has current relationships with the three biggest American cell carriers, plus channels in Canada, France, Germany, UK, and Mexico. Palm also has an extensive patent portfolio, many of which Apple is infringing upon. However, the real prize is WebOS. I just got back from Palm's Developer Day, and their technolo…

"This deal (...) gives HP all the things they need to go head-to-head with Apple." Except for the one thing that makes apple products special: Design.

Apple has been milking the same, tired design cues for the last 10 years. The fact that people still think they have brilliant designers is a testament to the brilliance of their marketing team.

Re: HP Buying Palm For $1.2 Billion

#118

Earlier quoted context omitted.

In the area of performance, going with V8 sounds like a smart move. It's now faster than Python 3k and Ruby 1.9 if the Computer Benchmarks Game is to be believed. I like my iPhone/iPad but it's high time Apple had some real competition.

It's really too bad that the software wasn't faster and more solid out of the gate - they had some key innovations that Apple still doesn't have: social media integration. Do I want my Facebook contacts in my address book? Hell yes. Would I like a dashboard with recent Facebook updates from my friends? Duh. Palm has an innovative head on its shoulders, I for one am glad they are in a position to have a deep pit of mo…

Facebook contacts in my address book and a performant OS, right now. It's called Android.

Re: HP Buying Palm For $1.2 Billion

#119
post #38

Wow, amazed that it is worth 1.2 Billion. Not that I dislike Palm, but I suspect for 1 Billion, you could write several WebOS from scratch.

By the time you're done writing and testing a new webOS, the market would have changed and the serious contenders established. Right now it's still up for grabs.

Re: HP Buying Palm For $1.2 Billion

#120

HP's getting a hell of a deal here. They're now a major player in the mobile devices market, overnight. Palm has current relationships with the three biggest American cell carriers, plus channels in Canada, France, Germany, UK, and Mexico. Palm also has an extensive patent portfolio, many of which Apple is infringing upon. However, the real prize is WebOS. I just got back from Palm's Developer Day, and their technolo…

Are they still want to develop apps in javascript to run them in browser? Is this called "the real prize"?
Post reply on HN