Wednesday, August 19, 2009
Analyst: Palm’s Special Sauce Is Finger Lickin’ Good
Now that Palm has finally realized there’s no longevity in forever shipping incremental improvements to the PalmPilot, the company has quite a future ahead of it. Never mind that it faces some particularly long, historic odds. Because according to RBC analyst Mike Abramsky, Palm has the “special sauce”–the means of orchestrating a second act, perhaps even one of Jobsian proportions.




Palm shares are on a tear this morning, rallying on the company’s fourth-quarter financials and the promise of its new Pre handset. Palm is trading at $15.30 as I write this, up more than nine percent in reaction to the company’s claims that the Pre and Palm’s webOS are off to a strong start. 