Palm for sale: Nokia, HTC, RIM to bid for it


The worried US Smart phones company Palm has come up for sale as it competes with the popularity of Apple's iPhone and the Blackberry. Palm has one of the best mobile operating systems with multi-tasking, great application switcher, hi-tech games, and a v

THE WORRIED US Smart phones company Palm has come up for sale as it competes with the popularity of Apple's iPhone and the Blackberry. Palm has one of the best mobile operating systems with multi-tasking, great application switcher, hi-tech games, and a very stable operating system.

The company’s new hope, the Palm Pre, after the heavy publicity last year and its new operating system, web’s, received favorable reviews. Besides Apple and Goggle, Palm is the only company to have tried a modern smart phone operating system. The company has a market capitalization of $1 billion. The company is looking for bids in the next few days. Shares in Palm, which makes the Pre and Pixy phones and has developed the innovative web’s phone software, increased by nearly seventeen per cent yesterday as reported.

Palm's Web’s operating system is considered the company's most valuable asset. Rumored buyers include hardware firms such as Taiwan's HTC and the China's Renovo. Interests could also come from Nokia or RIM, who could view Palm's easy-to-use software as an attractive deal in comparison to the iPhone and Android.

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