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10 years ago

Join us for the Palm Pre Webcast Liveblog

Join us for the Palm Pre Webcast Liveblog

by Dieter Bohn Thu, 12 Mar 2009 2:55 pm EDT

Update: Liveblog over -- news was, well, mostly rehashing how awesome Sprint is and how awesome the Pre will be on Sprint for Sprint's investors.  Remember, in this partnership, Palm's not the only company teetering on the edge.  

You can see all the slides from the event after the break!

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We told it you was coming, well now the Sprint/Palm combined webcast is nearly upon us, happening on the 12th at 2pm Eastern. The webcast is invite only, but we'll be there and will bring you what news there is live on this very page.

We'll start the festivities 15 minutes before, you can comment above (no need to reload the page), and it should be pre-tty exciting for PreFects.   Frankly, we're not entirely sure that we will see new information here, but then again, it's not as if the people who will be attending this webcast don't already know all that there is to know, so it's possible we might get some more new-ness -- that's certainly the hope in our Palm Pre forums.

On the 'cast will be David Owens, Director of Consumer Acquisition for Sprint, and Matt Crowley, Product Line Manager at Palm.

Update: It suddenly occurs to me to mention that there will be a Q&A section to the webcast.  Got an idea for a question, let us know in the comments now!

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10 years ago

Movistar to Offer Palm Pre in Spain and Latin America

Movistar to Offer Palm Pre in Spain and Latin America

by Jennifer Chappell Wed, 11 Mar 2009 5:03 pm EDT

Palm Infocenter is reporting that Telefónicas's Movistar will be exclusively offering the Palm Pre in Spain, UK and Latin America. According to Spanish newspaper  Expansion (Translated) , Telefónica will offer the Pre in Spain through Movistar "before summer."

From the translated article:

"..For marketing, the operator will require the hiring of its customers a flat rate of data, based on the gradual subsidy expenditure committed by subscribers. This is the same model used to sell the iPhone, which is developing in the high-end smartphones."

The article also mentions the rival between Telefónica and Vodafone, saying that the big rivalry began in 2007 when the Vodafone of Spain snatched up distribution of Apple's iPhone, which the article says is the most famous of the world's phones in the UK.  O2, the British subsidary of Telefónica, will be marketing the Palm Pre exclusively in the UK, while Movistar sells it in Latin America.

So again, we hear, "before summer".  I'm still hoping that Palm will surprise us with a sooner than summer release.  But I'll take the Pre when I can get it.

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10 years ago

Palm Picks up $83.9 Million in Cash

Palm Picks up $83.9 Million in Cash

by Dieter Bohn Wed, 11 Mar 2009 10:33 am EDT

 

After some very grim news about Palm's anticipated 4th Quarter results, things have been looking up for them.  They got a nice little spot on national TV, sure, but they also announced that they're selling some of that common stock held by Elevation Partners to free up some more cash -- cash that Palm will desperately need as they ramp up for the full Pre launch.

The expanded stock offering (actually they sold a bit more than they'd originally planned) garnered $89.3 million, which has also given their stock a solid bump -- whether or not said bump will stick is a matter beyond the scope of this gadget-head.

Palm should have enough cash now to get them through at least two full quarters of what may be increased spending (during the Pre launch).  The Pre effect should then start kicking in and replenishing their cash reserves -- but not their balance sheet, which will look pretty ugly for quite awhile as Palm is accounting for Pre sales over two years (as Apple does with the iPhone) instead of at the moment of sale.  It's a tightrope Palm is walking here, but it looks like they're well past the half-way point and are keeping their balance (so to speak).

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10 years ago

A Call To The Colbert Nation

A Call To The Colbert Nation

by Jason Robitaille Tue, 10 Mar 2009 4:29 pm EDT

For the past week or so, Colleen Bullington from Palm has been fielding questions in this Facebook thread.  It's been a rather slow thread, so I decided to stop by and give my input:

Colleen,
If you can get Colbert to show the Pre on his show, The Colbert Report, not only will you be able to steal some of current iPhone users, but a whole legion of Colbert fans who look to him on a daily basis. Last I checked his target audience is the same as the Pre's target audience. Just figured it was worth mentioning ;)

Colleen responded quite quickly with:

Great idea -- would love to hear your ideas about how we pitch the Pre to Colbert. Maybe something like "I am mobility (and so can you)"...? ;)

Seemed as though she was joking with me, but shortly after Palm sent out 2 twitter messages, one asking for the Colbert Nation's help/input on the idea (and the second with a working thread URL).

Some may remember Stephen Colbert's long-time love affair with the iPhone.  In fact, the Comedy Central Insider Blog has come up a handy collection of the top 6 iPhone moments on The Colbert Report. Colbert is all-about the latest gadgets and popular trends, and if he can give that kind of treatment to the Pre, that could be a sizable boost to the Palm Pre fanbase. 

So if you know any Colbert Report fans or forums, feel free to spread the word.  Direct your input on the Facebook thread or to Palm directly on their twitter @palm_inc page.  Personally, I'd love to see Roger McNamee do a full-on interview with Colbert, though maybe with a little less iPhone bashing and a little more spotlighting of the Pre's featurelist. Now that would be an interview!  Regardless of how it may happen, here's hoping the Pre gets the "Colbert bump".

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10 years ago

Palm Files for Clarifications and Corrections on McNamee Interviews

Palm Files for Clarifications and Corrections on McNamee Interviews

by Jennifer Chappell Tue, 10 Mar 2009 1:31 pm EDT

We learned via Palm Infocenter that in an unusual SEC filing, Palm has composed a free writing prospectus on the subject of Roger McNamee's recent Bloomberg March 5th TV Interview and following article. Both the interview and the article discussed Palm and the Palm Pre smartphone.

The interview and article published by Bloomberg were not prepared by or reviewed by Palm prior to their broadcasting and publication, and Bloomberg isn't affiliated with either Palm or Elevation, nor did Palm or Elevation make any payment or give any consideration to Bloomberg in connection with the broadcast of the interview. So Palm wanted to clarify some statements in the interview or article that were not made directly by Mr. McNamee, which represent Bloomberg's or others' opinions, and are not endorsed by Palm or Elevation.

Below are the Clarifications and Corrections

For purposes of clarification, it should be noted that:

  1. Although market share estimates such as those in the fourth paragraph of the transcript that “Blackberry’s global market share is about 1.2%, and Apple’s is about 0.9 of 1%” are, by their nature, approximations, one third party industry analyst report indicates that in 2007 and 2008, Blackberry’s share of worldwide mobile phone shipments was 1.1% and 1.9%, respectively, and Apple’s was 0.3% and 1.2%, respectively.
  2. With respect to the statement in the fourth paragraph of the transcript that “in the US, smart phones went from 10% to 20% just in the last year,” one third party industry analyst report indicates that smart phones made up 11.1% of U.S. mobile phone shipments in 2007 and 19.5% in 2008.
  3. With respect to the statement in the fourth paragraph of the transcript that smartphones are anticipated to increase their share of the U.S. mobile phone market to “50% within 5 years,” one third party industry analyst report estimates smartphone share of the U.S. mobile phone market will reach 42.0% in 2012.
  4. With respect to the statement in the fourth paragraph of the transcript that “this is a huge market: 1.2 billion units sold per year,” one third party industry analyst report estimates worldwide mobile phone shipments exceeded 1.2 billion in 2008.
  5. With respect to the statements in the tenth paragraph of the transcript that the Palm Pre is “going to be a million times – well, not a million times – several times faster” than Apple, Inc.’s iPhone products and is “going to run rings around them on the web,” the Palm Pre is still under development and it is premature to state the speed at which the device accesses the web or the relative speed of the Palm Pre compared to the smartphone products of competitors.
  6. With respect to the statements in the twelfth paragraph of the transcript that “there are aspects of the Pre that are unlike any phone you’ve every seen before,” “the Pre is the first one that is the next generation” and “the result is it does a lot of things the others guys don’t do,” the Palm Pre is designed to be the first phone based on the Palm webOS™ platform and as a result will have different operating characteristics and features than other phones, however; the Palm Pre is still under development and it is premature to compare its full functionality with that of other phones.
  7. The statements in the fourteenth paragraph of the transcript regarding the relative development and stability of Sprint’s, Verizon’s and AT&T’s 3G networks are generalizations regarding wireless cellular network performance that may or may not be true depending on a variety of factors specific to geographic regions .
  8. The statement in the second paragraph of the article that “not one” person who bought an Apple, Inc. iPhone on the first shipment date “will still be using an iPhone a month” after the two-year anniversary of that day is an exaggerated prediction of consumer behavior pattern and is withdrawn.
  9. With respect to the statements in the second to last paragraph of the article that “the underlying technology for Research In Motion Ltd.’s BlackBerry is about 13 years old, while the technology behind the iPhone goes back almost nine years,” estimating one specific age for the many technology components underlying any mobile phone is inherently imprecise and these statements are withdrawn.
  10. With respect to the implications in the second to last and last paragraphs of the article that Palm’s new operating system will give it an edge over competitors that “are going to run out of gas way before” Palm, estimations of the relative useful lifespan of smartphone operating systems are conjecture, unverifiable at this time, and age is not necessarily predictive of their relative long-term success.

You can read the full SEC document here.

What do you think about these clarifications and corrections?  Did Roger say too much?  Is he still your Hero? He's still mine!  McNamee's statements about the Pre being several times faster than the iPhone 3G certainly stirred up some interesting conversations. ;-)

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10 years ago

Palm Pre on Late Night with Jimmy Fallon (Updated: with video!)

Palm Pre on Late Night with Jimmy Fallon (Updated: with video!)

by Dieter Bohn Tue, 10 Mar 2009 9:09 am EDT

Celebrities may have gotten to handle the Palm Pre, but Engadget's Joshua Topolsky got to show it off in person on Late Night with Jimmy Fallon.  The two geeked out for sure, but the highlight may have been the Roots drummer jonesing for the keyboard (well, actually jonesing for the whole thing) enough to try to snag it for himself. 

If nothing else, it's nice to see Palm getting some mainstream attention -- they're getting back in the spotlight.

Big ups to Jason for the shots, here are more photos!

Update: big ups to Anon in the comments for the video link!

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10 years ago

PreFects Unite!

PreFects Unite!

by Dieter Bohn Mon, 09 Mar 2009 4:52 pm EDT

 

For a long, long time now, Kevin over at CrackBerry.com has been telling me that he has a nickname for people that are going to switch to the Pre: Pre-Jects.  Later on, he thought Pre-Verts might be a little better.  Either way, he's gone public with his smacktalkin' ways and is joined by Rene Ritchie of another sister site The iPhone Blog.  Seriously, the two of them have conspired over the weekend, apparently, springing this on us in tandem. 

So do we take this lying down?  Can we come up with another moniker for ourselves that's not so, erm, hateful?  I'm fond of PreFects myself: it's one letter off from perfect and wacky Ford auto references aside, the "In Charge" connotations seem to do it up right for Pre users.  Another option: PreCepts: we perceive what will happen before it does and also set down the authoritative rules of smartphones.

What say you?  Got a better nickname for future Pre Users?  Let us know in the comments.  Better yet, let us know on twitter and be sure to include those crazy kids @crackberrykevin and @reneritchie know that we'll not take this trash talking lying down. 

What do to with the terms PreVert and PreJect?  I think:

  • PreVert: A CrackBerry user who has a secret lust for a Palm Pre
  • PreJect: An iPhone user only rejects the Pre because of his rampant Apple fanboyism.

If you think of it that way, the image at top starts to make a little more sense, no?  Ok Ok, we're all having good fun here, so no need for us to get THAT catty.  Seriously -- what do you think a good name would be?

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10 years ago

Palm to Remarket Stock for an Additional $49 million

Palm to Remarket Stock for an Additional $49 million

by Dieter Bohn Mon, 09 Mar 2009 9:22 am EDT

 

Last week we reported that Palm was running out of cash fast, having only $220 million or so in reserve which some cocktail math might lead some to believe that they only have at most three quarters of solvency left.  As we briefly mentioned in that story, Palm is dealing with the situation by remarketing some of their Series C Stock and warrants acquired by Elevation in January.  They're looking to remarket about 18.5 million shares, which they're hoping will net them $49 million in additional cash.  Of course, if the stock market decides to have a conniption fit on any given day, Palm reserves the right to scuttle the plan until things chill out.

That vision you're having of a bruised and battered fighter, knocked down and woozily opening his eyes as the ref slaps "Eight!" on the mat, then clawing his way up the ropes and staggering around until, at long last, he finds his feet and summons up his last, heretofore unknown reserve of strength for One Final Punch ....it's a little melodramatic.  So cut it out.

It's not wrong, though.

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10 years ago

Palm Pre Tops T3’s Hot 100

Palm Pre Tops T3’s Hot 100

by Annie Latham Mon, 09 Mar 2009 4:11 am EDT

T3, a UK-based technology magazine that specializes in gadgets, gizmos, and other technology, has just released its “Hot 100” list and the Palm Pre is the leader of the pack. They called it “the hottest, most mouth-watering piece of gadgetry on the planet today.”

The write-up accompanying the list is a fun read:

A big theme of this year’s Hot 100 is time-worn brands redeeming themselves: Toshiba phones and Sony Walkmans in the top 10 is surprising enough but… a Palm phone? A hot product from a company that, like Vanilla Ice, was big in the 90s?
Believe it. Palm has taken the best aspects of the iPhone and BlackBerry Pearl, thrown away the things that users don’t like about those handsets and produced this year’s hottest gadget. Even more than Nokia’s N97, it’s the first true “iPhone killer”...

…Everything about the Pre has been thought about, worked on and buffed to a sheen. Even the Touchstone charging panel – an accessory that wirelessly docks the Pre and refuels by contact alone – is exciting. As far as we’re concerned, the Pre is the hottest, most mouth-watering piece of gadgetry on the planet today…
 

The Pre was followed on the list by the Sony X-Series Walkman (“the Walkman legend lives again”), the Nokia N97 (“if Nokia adds Comes With Music support, this will grind the iPhone into the dust"), the Phillips 21:9 Cinema screen (“that matches almost exactly the 2.39:1 aspect ratio of feature films”), and the TomTom Go 940 LIVE (“which has a wonderfully crisp display, intuitive interface” and a traffic avoidance system is second to none).

The Pre also bested other notables like the iPod Touch (#12), iPhone (#14) and Nintendo Wii (#20).

Regarding the Palm Pre, T3’s editors stated, “Its UK launch can’t come soon enough.” We second that emotion here in the States.

Special thanks to Taharka for the tip!

 

 

 

 

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10 years ago

Around SPE for 8 March, 2009

Around SPE for 8 March, 2009

by Dieter Bohn Sun, 08 Mar 2009 10:00 pm EDT

This week CrackBerry.com broke the first real photos of the BlackBerry "Niagara" 9630, WMExperts brought you hands on details of Internet Explorer Mobile 6, Android Central brought you a walkthough of buying apps in the Android App Market, and PreCentral.net wondered whether Palm would survive long enough to release the Pre. Plenty more happened this week in the smartphone world, naturally, so the thing to do is continue reading to find out what you may have missed this week around the Smartphone Experts network.

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