“Cannacord analyst Peter Misek said Tuesday he’d ‘recently learned’ AT&T would delay launching the two Palm handsets due to what he said was a ‘long list of technical issues’ with the smartphones,” Sutherland writes. “Ehud Gelblum of Morgan Stanley, said Tuesday he believes Palm’s only hope is to close its manufacturing and license the webOS. However, others see Palm as a ripe target for acquisition, notably either Google or Apple.”
Sutherland writes, “Apple has said Palm could be on its short list of companies likely sued for patent infringement claims. Although Palm would unlikely be able to finance a defense, “Google could buy a law firm and not even notice the drop in its bank account,” Sherman said. Apple could also buy Palm to deny Google that legal cushion.”
Full article here.
MacDailyNews Take: Here’s what we wrote over 14 months ago: Apple could buy Palm this afternoon with petty cash. In fact, maybe that’s what Palm and Elevation Partners – and Wall Street speculators – are really shooting for: a buyout by Apple or some other company. Apple would buy Palm in order to absorb a would-be competitor and/or gain access to certain patents and technologies and/or to prevent another company from making the acquisition. – MacDailyNews, January 9, 2009
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