7 posts and columns on CL King

RadioShack Dumping Palm? [UPDATED]

in News on April 19, 2010 at 6:15 am PT

For Palm, April is indeed proving to be the cruelest month. It began with reports that the company has put itself up for sale and continued with news of the departure of software chief Michael Abbott. Now comes another ugly development: RadioShack appears to be dumping the company’s smartphone line.

And if Palm’s Project JumpStart Doesn’t Work Out, There’s Always “Project Defibrillator”

in Mobile on February 26, 2010 at 8:05 am PT

Will lousy brand awareness be Palm’s Waterloo? With weaker than expected launches of the Pre and Pixi at new carrier partner Verizon, it’s beginning to look like it. Certainly, Palm’s leadership appears to believe that insufficient carrier support is largely to blame for its current woes.

Palm to Announce Verizon, AT&T Deals at 2010 CES Event?

in Mobile on December 17, 2009 at 5:45 am PT

What is Palm planning for the Consumer Electronics Show? Earlier this week, the company distributed invitations to a press event scheduled for the first day of the annual exposition in early January, but provided few details about what to expect. Last year at CES, Palm introduced the Pre and its new webOS operating system, so expectations for this gathering are already running high.
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No Christmas in Palm-ville

in News on November 4, 2009 at 12:04 pm PT

With a handful of new Android handsets arriving at market in the coming weeks, including Motorola’s much anticipated Droid, Palm’s prospects for blowout winter holiday sales are dimming. Earlier this week, analysts at Citigroup and CL King voiced their concerns about the company in the wake of another ugly quarter from carrier partner Sprint. Now, Standard & Poor’s is doing so as well.
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Palm: On a Road to Recovery or a Highway to Hell?

in News on November 2, 2009 at 8:15 am PT

With Palm’s shares up more than 900 percent since January, they were destined to suffer a correction someday. And now it seems that day has finally come. Shares in the handset maker fell some 23 percent last week amid concerns about increased competition from Google’s Android operating system, which is being rolled out on a number of devices at a variety of carriers, including Palm partner Sprint.
mcnamee_hell

Palm Analysts, Best Buy Suffering From Pre-Mature Elaboration

in News on July 27, 2009 at 11:19 am PT

Add another voice to the chorus of analysts claiming that sales of the Palm Pre have been on the decline these past few weeks. In a research note published this morning, CL King analyst Lawrence Harris, speaking to the controversy over sell-though numbers for the Pre, cast his lot with those who feel sales are slowing.
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Powerwave in Power Dive: Down 38 Percent This Week

in News on October 16, 2008 at 10:00 am PT

It’s been a bad week for Powerwave (PWAV): The stock is down 38 percent since Friday. Not a lot of substantive news, but plenty of incremental worry about the state of the communications equipment segment. Powerwave makes power amplifiers and other components for communications gear.