RIM to buy Palm?

Posted
by
Kyle McInnes
on June 26, 2006, at 8:07 AM
in News
.
Comments: 11 responses
11 Comments

File this one under juicy gossip that might leave a bit of a bad aftertaste: Covert Stock Operations is reporting that RIM is planning on buying out Palm, with an announcement to come possibly this Thursday during their quaterly financial report (which interestingly coincides with Palm’s).

The 80+% of PALM that is held by instituations have been pressuring PALM to take a buyout. A buyout is in the works. RIMM is the most likely candidate, as they need PALM to survive.

Some potential caveats to the merger? The new company would be listed as PALM on the NASDAQ, RIM c0-CEO Jim Balsillie would be fired, and it would be considered “a merger of equals.” Sounds link bunk, and BBHub agrees, but we’ll have more on this for you later this afternoon. Until then, why don’t you post a comment and tell us what you think?

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  • George

    LOL are you kidding me, you’re linking from a dude’s LiveJournal blog? There’s so many issues with his reasoning that I don’t even want to bother … actually let me do just one:

    6) Blackberry had to swallow their pride and release a Blackberry client for the Treo

    Yes swallow their pride and release a Blackberry client for the Treo, I guess the same can be said when RIM did it for Nokia, Siemens, Sony, etc. I guess they are admitting defeat and it’s time to unload on RIMM and trade in our Blackberrys for Palms. Hell may aswell close down BBCool because Palm is going to rule the world like it was 1999 again.

    Does this dimwit realize that RIM not only will make money licensing the Blackberry technology to 3rd party manufactuers but also make money by companies buying their BES software. Not to mention, the more people using Blackberry Push technology the better for RIM in so many ways; higher profit margins in licensing and software sales, blackberry technology becoming defacto standard, not competing on hardware, enterprises tend to keep same software offering unlike hardware.

    If you look at his previous entries they are all just hyping up Palm, this guy has zero credibility.

  • George

    LOL are you kidding me, you’re linking from a dude’s LiveJournal blog? There’s so many issues with his reasoning that I don’t even want to bother … actually let me do just one:

    6) Blackberry had to swallow their pride and release a Blackberry client for the Treo

    Yes swallow their pride and release a Blackberry client for the Treo, I guess the same can be said when RIM did it for Nokia, Siemens, Sony, etc. I guess they are admitting defeat and it’s time to unload on RIMM and trade in our Blackberrys for Palms. Hell may aswell close down BBCool because Palm is going to rule the world like it was 1999 again.

    Does this dimwit realize that RIM not only will make money licensing the Blackberry technology to 3rd party manufactuers but also make money by companies buying their BES software. Not to mention, the more people using Blackberry Push technology the better for RIM in so many ways; higher profit margins in licensing and software sales, blackberry technology becoming defacto standard, not competing on hardware, enterprises tend to keep same software offering unlike hardware.

    If you look at his previous entries they are all just hyping up Palm, this guy has zero credibility.

  • Michael

    I don’t think so. Somebody is dreaming.

  • Michael

    I don’t think so. Somebody is dreaming.

  • George

    I got proof that Steve Jobs and Gates are talking about Microsoft buying out Apple. The following picture shows them eating dinner together to talk numbers

    http://d.smugmug.com/gallery/581721/1/24354059/Large

    Gates: Steve, I’m jealous of how cool you are and how you get to hang out with rockstars like Bono.
    Jobs: Yeah it’s a hard life I live.
    Gates: So I was thinking about buying Apple.
    Jobs: It’s not for sale.
    Gates: Cmon buddy, you know I can afford it. I’ll give you 50 billion for it.
    Jobs: Please, try 85 billion.
    Gates: Ok, I’ll think about it. Let me talk to Melinda first.

  • George

    I got proof that Steve Jobs and Gates are talking about Microsoft buying out Apple. The following picture shows them eating dinner together to talk numbers

    http://d.smugmug.com/gallery/581721/1/24354059/Large

    Gates: Steve, I’m jealous of how cool you are and how you get to hang out with rockstars like Bono.
    Jobs: Yeah it’s a hard life I live.
    Gates: So I was thinking about buying Apple.
    Jobs: It’s not for sale.
    Gates: Cmon buddy, you know I can afford it. I’ll give you 50 billion for it.
    Jobs: Please, try 85 billion.
    Gates: Ok, I’ll think about it. Let me talk to Melinda first.

  • George

    I got proof that Steve Jobs and Gates are talking about Microsoft buying out Apple. The following picture shows them eating dinner together to talk numbers

    http://d.smugmug.com/gallery/581721/1/24354059/Large

    Gates: Steve, I’m jealous of how cool you are and how you get to hang out with rockstars like Bono.
    Jobs: Yeah it’s a hard life I live.
    Gates: So I was thinking about buying Apple.
    Jobs: It’s not for sale.
    Gates: Cmon buddy, you know I can afford it. I’ll give you 50 billion for it.
    Jobs: Please, try 85 billion.
    Gates: Ok, I’ll think about it. Let me talk to Melinda first.

  • Gomes

    Shtap it. RIM won’t merge. Just shtap it.

  • Gomes

    Shtap it. RIM won’t merge. Just shtap it.

  • sandra williams

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  • sandra williams

    hello seller
    i just place a look at ur items and i see that they are qualify for what i need.
    so im interested in buying ur items. i am a business woman that deal with electronics
    and other stuff.
    i have my method of paying u. will u agree of these method of payment?
    cashier check
    money order
    paypal payment
    credit card
    cash
    personal check
    if u agree wiht those terms, then mail me back by giving me ur address,
    names, phone# where i will send my payment to. i wish i will continue
    having business wiht u.\
    best regard…….
    sandra williams