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HP buys Palm for 1.2 BILLION

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hmmm if i were hp i wouldn't buy palm
 
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Maybe they're going to use the PalmOS for netbooks or tablets? I'm not following the logic here. Palm was pretty much on it's way out...
 
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I think it is a good move. HP has been lagging in the mobile market. They were a major player several years ago. I think the Palm OS and Palms IP/Tech will mix in really well with HP's mobile offerings. I am not a huge fan of HP, but will be watching them closely. Expect a big stock drop after the 1.2B purchase, and hopefully a good point of entry.
 
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