Analyst predicts Palm webOS renaissance

February 3rd, 2010, 15:48 Posted By: wraggster

The excitement around Palm's new generation of webOS smartphones has ebbed somewhat since the Pre was hailed as a potential iPhone killer last year.
Even so, Deutsche Bank analyst Jonathan Goldberg thinks the company is set for another upswing this year, predicting that the company is being under-estimated by investors.
"If they can grow their installed base of users and keep the carrier momentum going, this value should become more apparent," he writes in a research note.
Goldberg also predicts that Palm will sell 7.3 million handsets in 2010, and then 11.3 million in 2011, fuelled by its upcoming launch with Verizon Wireless.
He also thinks that by the end of this year, there may be more apps available on Palm's App Catalog than are on BlackBerry App World - a more controversial assertion, given RIM's recent announcement that its developer community is now 200,000-strong.

However, Palm's success may not lead to a standalone future for the company. "There is real potential for Palm to be acquired in the next two years," writes Goldberg.

http://www.mobile-ent.biz/news/35878...OS-renaissance

There are 0 comments - Join In and Discuss Here