Palm Is Trying To Wash Off Dirt On Its Palms
Monday, April 12, 2010, 1:38 PM | 4 Comments
Palm is up for sale. That’s the news Bloomberg is reporting. The last couple of years, Palm had collected dirt on both of its palms and now it’s trying to wash them.
The old adage: “Money comes and goes.” There is a saying in my mother tongue: “Money is the dirt on your palms till you wash it off.” And that’s what Palm is reportedly doing.
There was a time before the Internet big bang when there was only Palm and nothing much else in its neighborhood, no smart phone of any kind whatsoever.
Dell among others looked at Palm’s palms but it decided to not bury itself in the dirt. According to Bloomberg, the company has hired Goldman Sachs [Sachs is likely to report blowout profits] and the Frank Quattrone-founded investment firm Qatalyst Partners to find a buyer. [Remember Frank was prosecuted for interfering with a government probe into Credit Suisse First Boston’s behavior in allocating “hot” IPOs.]
Moral of the story
Another old adage: What goes up must come down.” Lately Palm was hanging by a thread and upside down. I am not too familiar with its device but at one time, I heard some good things about it. It was not too successful after some competition arose in the form of Apple’s gadgets on the horizon.
What do you think?
Throw us a like at Facebook.com/doable.finance
4 Responses to “Palm Is Trying To Wash Off Dirt On Its Palms”
By Exercise Balls on Apr 28, 2010, 11:25 pm | Reply
Pretty nice post. I just stumbled upon your blog and wanted to say that I have really enjoyed browsing your blog posts. In any case I’ll be subscribing to your feed and I hope you write again soon!
By Shafi on Apr 29, 2010, 2:09 am | Reply
Thanks, I appreciate that.
Spread the word if you will, please.
By medical assistant on May 12, 2010, 5:01 am | Reply
Terrific work! This is the type of information that should be shared around the web. Shame on the search engines for not positioning this post higher!
By student loans on Nov 24, 2010, 3:01 pm | Reply
Nice site, nice and easy on the eyes and great content too.