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Monkey with a mouse
Join Date: Oct 2000
Location: SoCal
Posts: 6,006
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Quote:
Originally Posted by jyl
Palm will definitely be solvent for long enough. Should have appx $325MM cash in bank after latest infusion, only buring about $20-30MM/qtr.
More info, pretty detailed, w/ links to more:
http://palmaddict.typepad.com/palmaddicts/2009/01/little-things-a.html
http://i.gizmodo.com/5126870/in-a-nutshell-palm-pre-vs-iphone-vs-g1
http://technologizer.com/2009/01/09/palm-pre-vs-apple-iphone-3g/
Sounds like not going to be exclusive to Sprint for too long (6 months?). Doubt VZ adopts it in 09 (they're always so slow on new hardware), imagine T sticks w/ iPhone, but T-Mobile needs a cool phone too?
The WebOS sounds very slick and looks very pretty. Might pressure Apple to allowing third-party apps to have background processing or push. I'm not sure why Apple has taken so long to add cut/paste, but I guess they'll do it soon now. The screen looks smaller than the iPhone's, I'd prefer larger as many webpages are just too hard to read even w/ pinch/zoom. I like the curved look and really like a physical keyboard.
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Quote:
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Palm said cash used in operations in the quarter will be $95 million to $100 million, which bring its total cash position down to $215 million to $220 million. Palm said that should be enough cash to meet working capital under its current operating plan - but that it nonetheless is evaluating options for raising more cash.
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http://blogs.barrons.com/techtraderdaily/2009/03/03/palm-q3-revs-miss-burning-cash-seeking-more-capital/
They Company is riding on the Pre, IMNSHO.
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03-04-2009, 08:32 AM
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