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- Stock symbol: PALM (NASDAQ)
- Annual revenue (Q4 2009): $86.8 million http://www.palminfocenter.com/news/9845/...
- Founder: Jeff Hawkins
- Year established: 1992
- Industry: Computer hardware/software
- Phone: 408-617-7000
- Fax: 408-617-0100
- HQ: Sunnyvale, California http://www.palm.com/us/company/managemen...
- President/CEO: Jon Rubinstein (appointed June 10, 2009) http://investor.palm.com/releasedetail.c...
- Senior VP, Application Software and Services: Michael Abbott
- Employees: 1,103 (Nov. '06)
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The company behind the famous Palm Pilot, Palm was founded by Jeff Hawkins, Donna Dubinsky and Ed Colligan in 1992. US Robotics acquired Palm in 1995, which eventually being acquired by 3Com in 1997. On March 1, 2000, 3Com made Palm as an independent publicly traded company. Despite being famous of handheld PDA innovations, Palm has announced that it will stop making PDA and focus on the smartphones market PalmInfocenter.com: Colligan: No New Palm Handhelds. Palm Pre is the first groundbreaking product after several years of hiatus.
The Palm product line started with Palm Pilot 1000 and Palm Pilot 5000 which were introduced in March 1996. The Pilot utilizes Motorola processor running at 16 MHz with 128 KB memory. [1]
In 1997, Palm was acquired by 3Com.[2] After being acquired, the founders of Palm were not happy with the company’s direction and left to establish Handspring in June 1998. [3]
The first Handspring PDA is Handspring Visor Solo which offered expansion slot that the original Palm lack.[4] The phone component was incorporated to the product line with the introduction of Treo 180 (with phone in flip form factor) in 2002.[5] Handspring merged with Palm in 2003 to form a company called PalmOne.[6].
As a result of purchase Palm trademark in April 2005,the company reverted its name back to Palm Inc. with ticker symbol PALM. [7]
The Wall Street Journal reports that Palm shares were up nearly 5% to $12.41. The shares value have dropped since peaking above $18 in the late September. [8] -
Palm Pre
The Palm Pre was debuted in January 2009 at the CES 2009 convention. The device supports EVDO rev.A, WiFi and bluetooth. It also features a removeable battery, micro USB and USB mass storage support. In addition it also has an area on screen for navigation and a 3.5mm headphone jack.Gizmodo: Live: Palm Keynote (January 8, 2009) -
Key Dates
- 1992: Jeff Hawkins founds Palm Computing, Inc. and, with help from Donna Dubinsky and Ed Colligan, invents their first PDA, the Palm Pilot
- 1995: Acquired by U.S. Robotics Corp.
- 1997: U.S. Robotics Corp. acquired by 3Com, making Palm, Inc. a subsidiary
- June, 1998: Original creators become unhappy with 3Com's business direction and leave to form Handspring
- March 1, 2000: 3Com files and IPO for Palm, Inc., and stock prices hit the company record, $95.60, on its first day of trading
- June, 2001: Stock prices reach $6.50 per share
- January, 2002: Develops wholly-owned subsidiary company, PalmSource, to develop and license Palm OS
- August 2003: Hardware division merges with Handspring and renamed to palmOne, Inc.
- April 2005: palmOne purchases PalmSource's share of the Palm trademark for $30 million
- July 2005: palmOne reverts back to Palm, Inc.
- January 2009: Palm introduces new smartphone, Palm Pre, at Consumer Electronics Show
- June 2009: Jon Rubinstein promoted to Palm CEO replacing Ed Colligan.
- September 9, 2009: Palm introduces Palm Pixi.
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Palm Questions
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Palm Pre or IPhone? 2 AnswersBest option: wait! Most people are expecting Apple to announce new iPhones tomorrow and the Palm Pre has only just launched. Give the dust on the Pre a couple o... read more -
Will you record the unboxing of the Palm Pre? 1 AnswerSorry its taken a while to get to your question.... I didn't do an unboxing. but it seems a lot of people did.. ... read more
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Palm News
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Gibbs mocks Sarah Palin's palm-writing at briefing
Updated 5:30 pm White House Press Secretary Robert Gibbs flashed a left palm with notes written on it at the news briefing Tuesday, an apparent mocking ... (February 09, 2010)Washington Post (blog) -
Google Android Market Share More Than Doubled In December
(MSFT) and Palm Inc. (PALM) all lost share in the US smart-phone platform market, said comScore. Android, developed by Google and adopted by a number of ... (February 09, 2010)Wall Street Journal -
Palm-reading Sarah Palin caught red-handed
The Wasilla palm-reader had written the words “Energy," “Tax” and “Lift American Spirits” on her hand. The phrase “Budget cuts” was also scribbled there, ... (February 09, 2010)Times Online -
IPhone, Android Gain Market-Share at Microsoft and Palm's Expense
On the other hand, Microsoft slipped to 18% share, while Palm saw the biggest losses, with its share dropping to 6.1% from 8.3%, despite recent price cuts ... (February 09, 2010)Wall Street Journal (blog)
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