“Can Palm turn itself around by raising more cash and tweaking its strategy? I say no,” Fazil writes. “The only promise for Palm’s future is a buyout. And the only buyer that makes sense is BlackBerry maker Research In Motion.”
“RIM was the undisputed leader in the smartphone market a couple of years ago. It now faces significant threats from iPhone and Android. Its touchscreen models like the Storm paled in comparison to Apple’s iPhone and Google’s Nexus One. Despite being an integrated solution, RIM has allowed its devices and OS to become fragmented. Developers not only have to account for several different versions of hardware (keyboard, touchscreen, different sizes etc.), but they also face the challenge of making sure their apps run on most or all different OS versions,” Fazil writes. “As a result, BlackBerry’s applications marketplace is struggling to compete with Apple’s App Store or Google’s Android Market. And RIM’s hopes of modernizing its OS are weakening day by day.”
Fazil writes, “Despite its weaknesses, RIM is still in a strong position, and it’s not too late to stop the downward trend.”
Full article here.
MacDailyNews Take: Over 14 months ago we wrote: “Palm’s Pre dog and pony show is nothing more than takeover bait. They simply do not have the resources necessary to create another mobile platform, especially one that is superfluous. If Palm’s Pre is not a ruse, then those responsible are kidding themselves.” – MacDailyNews Take, January 21, 2009, just after beleaguered Palm unveiled their Palm Pre and webOS.