Palm Stock Up Like a Rocket on the Back of Coronation

The stock market definitely digs Jon Rubinstein. On the back of his announcement as CEO yesterday, as well as the continued succes of the Palm Pre, Palms stock is on the rise.

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Having taken a drop on Monday prior to Apple iPhone announcement Palm shares are now looking real nice to anyone who purchased them over the last six months.

While we’re probably a little biased, if you take a look at what is going on around Palm, they really are looking in a healthy position. Positive reviews regarding the Palm Pre across the board (albeit with a few qualms). Extremely positive reviews of the webOS software and its potential for the future. Palm Pre to release on more networks at the beginnign of next year. Only internal change to the new iPhone (still lacking multi-tasking). Palm Pres sold out everywhere and demand continuing to outstrip supply with very little media advertising. CEO with undoubted pedigree carrying the firm forward.

31 Total TweetBacks: (Tweet this post)

en: And Jr "reportedly" made $38-40 million last year INCLUDING race winnings of only $3 mill......Where is the other $715 or so million?? 07/14/09 07:20pm
en: @nospicedham The porting bit was no trouble but I can't get Twitterberry or Tiny Twitter to work properly on my BB Bold :( 07/14/09 07:20pm
en: @mcjadeth I dunno in reference to the sense you are asking...his 101th follower? nah...I dunno why he chose her...or are you referring to 07/14/09 07:20pm
en: @akarra I know what you mean. "Shameless, he shouldn't drink that much!" or "Look at her dress..." those are the ones I remember f 07/14/09 07:20pm
en: @mestery On her or her boobs? I can take pills for my emotions but my boobs? Not so much. 07/14/09 07:20pm
en: My Dr. has changed the date to this Friday 17th to induce me at 1am EST ,and I will have him sometime around 1 or 2 pm. 07/14/09 07:15pm
en: @megs0124 I love Harry potter do tweet ur thoughts as to whether or not it's good. :) 07/14/09 07:15pm
en: Ok, so theatre folks, is it rude to ask for notes on my audition? I know the director, but it's not like we're bff or anything. Kate, Jess? 07/14/09 07:15pm
en: I will not call you or find out, is the desire for me forget.! 07/14/09 07:15pm
en: @acraKA And we both know that if it's in print that it has to be true....or at least we hope.... 07/14/09 07:15pm
en: Happy Bastille Day! or... le quatorze juillet! :) 07/14/09 07:15pm
en: @Rucka007 yup so true but it's dere will 2 Want more or dey feel like mayb dey don't want 2 have meaningful convo 07/14/09 07:15pm
en: @GenevieveDrolet His body or not, it works for my mid-afternoon daydreams. 07/14/09 07:15pm
en: Holy Crap! I am unable to focus on many things or even care altogether. Greiving still, I guess. 07/14/09 07:15pm
en: Crap - Southbound Old Seward Hwy -or Seward Hwy motor vehicle vs motorcyle accident. :( Will post when hear more. 07/14/09 07:15pm
en: @allaboutthelife Get 300 followers a day using www.tweeterfollow.com Once you add everyone you are on the train or pay vip :) 07/11/09 07:05am
en: arey kammal hai... seems like most of the Indians are bzy either in d office or celebrating weekend :D 07/11/09 07:05am
en: "Who would you rather be? The Beatles or the Rolling Stones?" Seriously, who would you rather be...? 07/11/09 07:05am
en: Not that the postal system completely consumes my life or anything like that... 07/11/09 07:05am
en: @stella_official im just a normal girl your age...just call and say hey or sumthin...that would be awesome! 07/11/09 07:05am
en: @atriumantnee he prolly brought it off ebay or off somebody dat had it cuz dey def don't make dhis color no more or he got a similiar shirt 07/11/09 07:05am
en: Well today's the day. Will you be watching the Jackson memorial service or will you be avoiding it? 07/07/09 08:50am
en: PS IM CONTROVERSIAL OPINIONATED & WILL PROLLY SAY THINGS ONLY N UR PRIVATE THOUGHTS OR U AFRAID TO SAY N PUBLIC BUT THAS ME. FOLLOW @ WILL.. 07/07/09 08:50am
en: i need a fashion photograper. or just some hungry dude with a camera. EITHER IS FINE RESPOND SOON LOVE NOON 07/07/09 08:50am
en: RT @naveenaqvi: My latest blog on dawn.com. 'North Korea's gone ballistic!'-Boys w/ toys or WMDs? http://tinyurl.com/mgzs94 Well Done Naveen 07/07/09 08:50am
en: went OUT 4 bar coff, MAY b carwash & or some shoppin & or ? ;) 07/07/09 08:44am
en: @armaniallen pasta or lasagna sounds so good rite now 07/07/09 08:44am
en: Needs a holiday or a hug, or both!!! 07/07/09 08:44am
en: @JMDBS lmao yeah had to be..or taking shots 07/07/09 08:44am
en: What is your favourite free application or Web 2.0 service? 07/07/09 08:44am
en: Centos kicking my arse. Trying to salvage a raid 10 drive, corrupt or missing file in system32/config/ 07/07/09 08:44am

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This entry was posted on Thursday, June 11th, 2009 at 5:51 pm.
Categories: Palm Pre News.

One Comment, Comment or Ping

Matt

I’ve been pretty happy about it. I bought stock a couple times as I had spare money, and it’s gone up $2/share between yesterday and today(so far). I’m loving it. I knew it would be a good choice.

Jun 12th, 2009