Nokia in the race to buy out Palm!
March 4th, 2007
Nokia in the race to buy out Palm!
 Nokia seems to be in the race to acquire Palm Inc, the company behind that Treo. With a possible target price of around $20 per share, thats somewhere around 2 Billion dollars.
Thou the Treo brand is flying high, there stills some clouds hanging over the future of Palm.Its facing problems increasing threats in the hardware segments with companies like HTC, Nokia, Samsung, RIM, and Motorola that are getting into their niche, on top of that the ever looming threat of the iPhone. Besides this Windows mobile is gradually making its mark on the smartphone segment making it hard for Palm to compete.
 If we are correct, Palm’s days are just number. But who cares, as long as the Treo brand survives we will love Palm!
hey this could be better times for Palm. As it will get the consumer base of Nokia and its huge R&D backing.