For some reason, this reminds me of Atari setting up a bogus competitor named Key Games to defeat the exclusive arcade distribution agreements that were common in the 1970s.
Getting Elevation to essentially take over Palm and using ex-Apple people just sounds like an easy way for Apple to gain control of Palm without triggering a bidding war for the stock. Then add a licensing agreement on the iPhone hardware to Palm and Elevation then selling its stake to Apple seems like an easy and profitable way to thwart the 5 year AT&T exclusive contract by enabling Palm to sell an "iPhone" to Sprint, Verizon, and T-Mobile here in the U.S.
Is such a theory a long shot? Yep, but Steve Jobs was also once an Atari employee.
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For some reason, this reminds me of Atari setting up a bogus competitor named Key Games to defeat the exclusive arcade distribution agreements that were common in the 1970s.
Getting Elevation to essentially take over Palm and using ex-Apple people just sounds like an easy way for Apple to gain control of Palm without triggering a bidding war for the stock. Then add a licensing agreement on the iPhone hardware to Palm and Elevation then selling its stake to Apple seems like an easy and profitable way to thwart the 5 year AT&T exclusive contract by enabling Palm to sell an "iPhone" to Sprint, Verizon, and T-Mobile here in the U.S.
Is such a theory a long shot? Yep, but Steve Jobs was also once an Atari employee.