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PALM Pre to Launch in Europe with O2 and Moviestar

Just got this in my email (Palm’s newsletter)

Palm webOS Phone to Arrive in UK, Ireland, Germany and Spain on Local Telefónica Networks.

WINDSOR, England, Jul 07, 2009 (BUSINESS WIRE) — Palm, Inc. (Nasdaq:PALM) today announced that the Palm(R) Pre(TM) phone is scheduled to be available initially in the UK, Ireland and Germany exclusively on the O2 network, and in Spain exclusively on the Movistar network, in time for the holidays. Palm Pre, the first phone based on the new Palm webOS(TM) mobile platform, brings your information from the many places it resides – on your phone, at work or on the web – into one simple, integrated view.(1)

“Europe continues to be an important region for Palm, and we’re proud to work with O2 and Movistar to spread the excitement Palm Pre has already ignited in North America,” said Jon Rubinstein, Palm chairman and chief executive officer. “Since we showed Palm Pre at Mobile World Congress in February, there’s been a great deal of anticipation for an announcement about European availability, and that day is here.”

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Let’s see if we will see a new high again.

Categories
Tech

PALM : Jon Rubinstein Appointed CEO of PALM

SUNNYVALE, Calif., Jun 10, 2009 (BUSINESS WIRE) — Palm, Inc. (Nasdaq: PALM) today announced that its board of directors has appointed Jon Rubinstein to lead the company as Chairman and CEO upon the departure of Ed Colligan, who is stepping down after sixteen years of leadership at the company. Rubinstein, who joined Palm as Executive Chairman in October 2007 to help bring innovation back to the company, assumes his role as CEO on June 12. Colligan plans to take some time off, then join Elevation Partners.

With Jon Rubinstein appointed as CEO of PALM, I expect that there will be more ‘innovations’ coming out of Palm’s product line.

This is probably a very good setup for more product lines based on WebOS. Financially it will be challenging because of the downturn. At the same time, it is also the best time to take market share from other competitors who may reduce spending on R&D.

It feels like the time when Steve Jobs was heading Apple again. A perfect setup for multi-years growth, perhaps?