Palm Boss Jon Rubinstein Explains the HP Deal: "The Market Moved Too Fast"
Former Palm CEO Jon Rubinstein explains why he’s no longer running an independent company but working as a Hewlett-Packard employee instead: It wasn’t the phone, or the carriers or the marketing campaign–it was the competition.
Palm could have succeeded on its own–but only as a small company, Rubinstein says. It wouldn’t have been able to really compete with Apple, Google and the rest of the market.
Here’s Rubinstein at D: Dive Into Mobile explaining to Kara Swisher Palm’s decision to sell: “The market moved too fast, as far as competition went… what we didn’t see was a way to get to scale…. We could have been a small, successful company, but I don’t think that’s long-term sustainable in this business.”
More in-progress coverage here from our liveblog.