Though its shares are up more than 900 percent since January, Palm remains a “show me” story. So says Susquehanna Financial analyst Jeffrey Fidicaro, who seems to think the Street is putting a bit too much faith in the company’s next-generation platform, webOS, and the devices that run on it.
Though it’s not available for purchase and its specs and form factor aren’t yet known, Apple’s mythical tablet device is in high demand. In fact, according to an RBC Capital/ChangeWave survey, many of us would buy one, given the opportunity and the right price.
Palm this morning put a price on its public offering of 20 million common shares: $16.25 a piece. That’s nearly five percent less than Tuesday’s closing price of $17.07, but enough to generate about $313.1 million.
Those Apple tablet rumors just never let up, do they? Not a week after the company’s latest media event and they’re already back in force. The latest, from China Economic News, claims the device is being prepped for a February debut at a price somewhere between $799 and $999.
Sprint effectively lowered the price of the Palm Pre today to $99 for new customers only, offering a $100 service credit to those who port their numbers over from another carrier. To be eligible for the promotion, customers must purchase the Pre along with a two-year service agreement and abandon their current carriers. UPDATE: Sprint has cancelled the offer. You’ll find further details, here.
Mac OS X 10.6 Snow Leopard, the latest iteration of Apple’s operating system, arrived at market today–about a month earlier than originally anticipated. And while it doesn’t really deliver the GUI enhancements we’ve come to expect from Apple and some incompatibilities are riling people up, Snow Leopard’s under-the-hood improvements and price point appear to have struck a chord with critics. After the jump, a selection of early reviews.
A renewed advertising push for the Palm Pre and an increase in the number of applications available for it haven’t done much for the device’s sales. According to Pali Research analyst Walter Piecyk, weekly Pre sales are holding steady in the mid-20,000 range at which they stabilized a few weeks back. One way for Sprint to spur sales, says Piecyk: Cut the price of the Pre to $99, or even 99 cents
Apple has repeatedly characterized its forthcoming Snow Leopard operating system as an under-the-hood upgrade to the Mac OS, one that focuses on performance enhancements rather than new features.
The PlayStation 3 price cut is a rumor no longer. Hoping to bolster sales in advance of the holiday shopping season, Sony Tuesday announced a new slimmer verison of the game console and slashed $100 off its price.
Palm’s next webOS handset, the so-called Eos (codename: Pixie), is still in the pipeline, but it may not arrive at market for some time. Though some observers have speculated that the device would debut in the late fall in time for the holidays, others are now suggesting that a 2010 launch is more likely.
The Palm Pre is finally taking off in the Great White North. Canada’s Bell Mobility, which became the device’s exclusive Canadian carrier back in May, this morning announced a ship date and price for the Pre.
So that mysterious touch tablet Apple’s rumored to be developing? It’s about to go into production in advance of an October launch date. This according to a report in the Information Times, which claims that three of Apple’s manufacturing partners–Foxconn, Wintek and Dynapack–have received orders from Apple that suggest the company is building a “netbook” with a 9.7-inch touchscreen.
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
Best use of the Beeker “meee” ever.
While the technology behind the Telephone is new, the design is reassuringly old-fashioned, reminiscent of a phrenologist’s horn or ear-candle in form. We found the experience far more comfortable than the one we had with the Telegraph.
12:58 AM: Breakfast: Two schools of fish from Tokyo Bay. Calories: 782,000. How I was feeling when I ate this: confused, irradiated, hating my size.
11:37 AM: Exercise: “Taxi Stomp” (alternating legs, for 30 blocks). Calories burned: 148,900,183.
1983. The Beatles announce their first tour in thirteen years, but likewise announce that Michael Jackson will be going on tour with them as a one gigantic mega-concert event.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
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