John Paczkowski

Recent Posts by John Paczkowski

Palm Bake Sale a Resounding Success

palmPalm’s decision to increase the size of its previously announced public offering of common stock to about 23.125 million shares from 18.5 million shares turned out to be a wise one. The value of the company’s stock rose sharply this morning, topping out at around $6.85–an increase of well over 13 percent. Clearly, the $83.9 million Palm (PALM) netted from the sale went a long way toward reassuring investors that it can afford to give the Pre the strong launch it deserves. And make no mistake, that launch will be costly. Consulting firm Altman Vilandrie & Co. estimates that Palm will have to spend between $50 million to $75 million to have a decent number of phones ready for the Pre’s debut and up to $50 million to market it. That $83.9 million’s going to come in handy.

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus