Stock Pick by PetSka

PALM: 2 Billion Phones in the world

Start trading PALM with real money!

Rate Analysis

1 ratings

Posted 290 days ago on 6/02/09

Market call:PALM will go UP
Target: $450.00 on 6/02/09
Current: $4.00 (-69.11% from time of market call)

2 billion phones in the world in which smart phones make up only about 20% of that. I see this going to 75% smart phones/ 25% standard phones within 4 years. You are talking $600 Billion to $1 Trillion dollar smart phone market which the PRE & future Palm products will capture 10-20% of. You do that math. Palm= 60 Billion market cap.

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