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Palm banks $83.9 million on upped share sale

March 11, 2009 by Will Park - Leave a Comment

Palm’s ongoing daily operations have seemingly been guaranteed for at least one more quarter, as the smartphone maker gears up for their last-hurrah with the Palm Pre’s launch in a few months. Contrary to Palm’s initial announcement that they would be making public 18.5 million shares currently held by investor Elevation Partners, Palm has come…

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Palm Pre makes a product-placed appearance on Jimmy Fallon

March 10, 2009 by Will Park - 2 Comments

In what looked like a clever product pitch on NBC’s Jimmy Fallon, Engadget’s Joshua Topolsky made an appearance on the talk-show to show off the Palm Pre. PhoneDog‘s Noah Kravitz notes that Joshua Topolsky denies that the TV spot was a setup to pitch the Palm Pre, and says that Jimmy Fallon specifically requested to…

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Palm betting on Palm Pre as savior

March 9, 2009 by Will Park - 1 Comment

Maybe “savior” is a bit much. Palm still has a loyal following of Treo-fans that will support Palm to the end. But there’s no denying that Palm needs a fantastically successful handset to rescue them from the depths of financial ruin. Palm’s financial standing has been rocky of late, what with their declining market share…

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Palm Urges Elevation Partners to Sell off $49M-Worth of Stock

March 9, 2009 by Simon Sage - Leave a Comment

Palm’s primary investor, Elevation Partners, juiced the company with $100 million in December, but Palm is urging them to sell off half of the stock earned from the injection, in the hopes of making upwards of $49 million. You would think that this would be Palm trying to make enough money to stay afloat until…

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Sprint Palm Treo Pro Images Surface

March 9, 2009 by James Falconer - Leave a Comment

A sure sign of a device ready for prime time, some insider snaps of the Sprint Treo Pro have been released by one of BGR’s ninjas. The launch of the Sprint Treo Pro has been delayed more than a few times now, but it looks like the Treo Pro’s time is finally coming. From everything…

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Palm Investor Banking on First-Gen iPhone Fallout

March 6, 2009 by Simon Sage - 1 Comment

Elevation Partners co-founder Roger McNamee is especially excited about Palm’s launch window, and think a lot of iPhone users will make the jump to the new Pre. “You know the beautiful thing: June 29, 2009, is the two-year anniversary of the first shipment of the iPhone,” McNamee said today in an interview in San Francisco.…

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Alltel’s Palm Treo Pro now available online

March 5, 2009 by Will Park - Leave a Comment

As expected, Alltel has beaten Sprint to the punch with their own CDMA-based Palm Treo Pro. The Alltel Treo Pro was expected to be available online on March 5th, but it turns out Alltel flipped the switch a few hours early, offering pre-orders to Treo Pro-loving night-owls last night. Today, Alltel is pushing the Alltel…

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Sprint and Palm Holding Joint Palm Pre Webcast on March 12th

March 5, 2009 by James Falconer - 1 Comment

If you’re dying to know the latest on the Palm Pre, and any launch details, there could be some good news coming via a webcast that Palm and Sprint are putting on! That’s right, Palm and Sprint are jointly running a webcast on March 12th at 11AM PST. No joke. One can only assume one…

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Palm Warns of Q3 Losses, Everyone Still Salivating For Pre

March 4, 2009 by Simon Sage - Leave a Comment

Even with the Treo Pro launching on Alltel, Sprint and Bell, Palm is hedging their bets and forecasting that most folks will be holding out for the Pre. I’d say something about the “calm before the storm” but I’m pretty sure the Verizon marketing team has beaten that horse to a bloody pulp. Estimates put…

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Palm Treo Pro on Sprint Coming March 15th

March 4, 2009 by James Falconer - 2 Comments

It’s been nothing but rumors and hyped-launch dates surrounding the Palm Pre, and to a lesser extent the Palm Treo Pro since the beginning of the year. The Treo Pro was supposed to hit Sprint in mid-January, and that never surfaced…  Then, rumor was the Palm Pre and Treo Pro would be set to hit…

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