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Palm shares are trading higher today, bolstered by anticipation of the Nov. 15 launch of the Pixi, the company’s second webOS handset, and by some silly rumors about a potential takeover by Nokia. Does the company really need another software platform to add to Symbian, Maemo and Qt? C’mon.

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The Pixi, the Palm Pre’s diminutive smart-phone sibling, arrives at market a few days from now (Nov. 15), and despite some potential pricing confusion with the Pre, analysts expect it to be another catalyst for the company’s comeback. In a note to clients today, Bank of America/Merrill Lynch analyst Vivek Arya said Palm is well-poised for growth in 2010.

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At 37.9 percent, Nokia’s share of the global handset market is the largest in the industry. Odd then to learn that it is not the most profitable. And odder still to learn that that honor belongs to Apple, which has been in the handset market for just two years.

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They don’t call Sen. John McCain a maverick for nothing. Just hours after Federal Communications Commission Chairman Julius Genachowski officially unveiled Net neutrality rules, the Arizona Republican introduced a bill that would prohibit the Commission from enacting them.

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Though Verizon’s new Droid ad campaign might seem to preclude one, Apple would be wise to ink an iPhone distribution deal with the carrier–if not to hasten iPhone adoption, then to slow rivals that would supplant it. That’s the argument put forth by Piper Jaffray analyst Chris Larsen in a research note to investors Monday.

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iPhone exclusivity is rapidly coming to an end. Less than 24 hours after Orange UK announced plans to offer Apple’s iconic handset to its customers “later this year,” Vodafone said that it plans to do so as well.

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The iPhone is finally coming to the world’s most wired country. South Korean regulators on Wednesday cleared the iPhone for sale. Great news for Apple. The South Korean market is a robust one, and analysts say that with the right carrier partner, Cupertino could be looking at first-year sales ranging from 500,000 to two million.

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The week that took us from August to September was one for the books over at BoomTown, especially if you’re 12.

Kara spent Monday morning at Activision Blizzard, where they are pushing forward with the entire Guitar Hero line, even as the game industry faces a nearly 50 percent decline in U.S. sales this year. Kara got to play hero to several of the forthcoming releases, including previewing the much anticipated DJ Hero console.

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Apple will sell somewhere between five and seven million iPhones in China in 2010, according to research house Broadpoint AmTech. But that’s assuming its distribution deal with China Unicom is exclusive. And according to Apple, it’s not. “I can confirm it is not an exclusive deal,” an Apple spokesperson told Dow Jones.

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It’s going to be a rough couple of months for the wireless industry. As expected, the Federal Communications Commission on Thursday approved a broad inquiry into the wireless market. In a unanimous vote, the agency’s five commissioners–three Democrats and two Republicans–approved two so-called notices of inquiry, one that will examine competition and innovation and another that will evaluate truth-in-billing practices.

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When Motorola announces its new Android handsets at a scheduled Sept. 10 event in San Francisco, AT&T isn’t likely to be among their carriers. Sources close to the company tell MKM Partners analyst Tero Kuittinen that AT&T balked at Motorola’s Sawgrass and Heron handsets, allegedly because of their dated display technology.

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The world’s largest mobile phone maker has finally entered the PC market. Not a week after confirming its interest in the netbook market, Nokia leapt into it, uncrating the Booklet 3G–a 2.8-pound “mini-laptop.”

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Before the Federal Communications Commission begins doling out the $7.4 billion in federal grants up for grabs through national broadband stimulus programs, the agency must answer an important question: What is broadband? And so, in a public notice issued today, the Commission is requesting “tailored” public comment on what the definition of broadband should be.

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