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Earlier today, HP (NYSE: HPQ) announced that it will purchase Palm, Inc. (NASDAQ: PALM) for $1.2 billion. Palm, a provider of smartphones powered by the Palm WebOS mobile operating system, closed at $4.63 today. However, the stock price has jumped up well over 25% in after hours trading, pushing the stock price to almost $6 a share. (more…)
Yesterday, Google announced that it has cancelled its Nexus One smartphone for use on Verizon’s CDMA network. Google updated its official Nexus One blog to recommend users instead pre-order the new Droid Incredible from HTC, set to be released on April 29th. Previously, users who went to the official Nexus One site seeking a Verizon-compatible handset were told the device was “coming soon.” (more…)
Yesterday, Sprint showed off it’s new phone at the CTIA wireless conference in Las Vegas. Working with Taiwanese phone maker, HTC Corporation, they have created a 3G/4G handset running off the new Google Android 2.1 operating system. These new phones will hit shelves sometime this summer, with the new 4G speeds that will blow you away. (more…)
Shares of Palm Inc. (PALM) fell sharply today when it revealed it was struggling in the smartphone market. Sharp increases in competition from Blackberry and iPhone sales have slowed the launch of their latest models. Because the Pre and Pixi failed to live up to expectations, Palm was forced to update their revenue forecasts. (more…)
Imagine taking a road trip with your friends and someone asks the name of the bar where you had your 21st birthday at. No one remembers the name, but they know the cross streets, so what do we do? We grab the closest smartphone and Google it, but we get either no service or extremely slow service. These bandwidth problems on smartphones, is the issue Mike Lazaridis talks about in his interview with Reuters. (more…)
At the 2010 Mobile World Congress in Barcelona, Verizon Wireless and Skype announced the formation of their strategic relationship. Their ideal plan is to have Skype available on Verizon’s smartphones by March of this year. This move should help Verizon expand their customer base and force investments into their 3G data network. (more…)
Next Sunday, Valentine’s day will be upon us. Most spouses will give each other candy, flowers, jewelry, etc… What about those economically conscious spouses who want to spend their money on something they can actually use and hold on to for a while? Well, AT&T has the perfect deal for you guys or gals who are looking to benefit from this year’s Valentine’s Day. (more…)
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