Rumors about Palm redemption

April 8, 2010 - 5:40 pm Comments Off

On Thursday, the title of the maker of Palm smartphones, the industry pioneer with his Palm Pilot, climbed nearly 4% to 15h40 to the NYSE. The title had already made up 20% Wednesday to end at 4.62 dollars.

American society is the subject of much speculation about a possible takeover due to the difficulties he encounters. Although the company has poached Jon Rubinstein, Apple, and there was the launch of two flagship models, sales remain subdued.

The Chinese company Lenovo, maker of computers, could be interested in Palm, but for now this is a rumor. Indeed, the boss of Lenovo, Yang Yuanqing said will make acquisitions in the mobile Internet but did not mention Palm.

In mid March, Palm has released new quarterly losses with sales projections by the calamitous end of MayNews that had booed the course, the share had fallen by almost 30%.

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