Latest Jon Rubinstein Stories

iPod Turns 10
2011-10-24 05:59:55

The late Steve Jobs, Apple´s co-founder and former CEO, introduced to the world the first iPod 10 years ago this week, changing how we listen to music and transforming the tech gadget giant forever. While the iPod was not the first mp3 player to hit the market, Apple was the first to get the technology correct, making a device that could hold a thousand songs and perform on a 10-hour rechargeable battery. Now, ten years later, the iPod has virtually replaced the mp3 player....

2011-06-10 05:55:00

Hewlett-Packard announced on Thursday that it will start selling the HP TouchPad on July in the United States. The touchscreen tablet computer will rival Apple's hot-selling iPad, and it will be powered by the webOS software platform HP recently acquired from Palm. Touchpad is the same weight (1.5 pounds) as the iPad and has the same size display (9.7-inch). The TouchPad will only be Wi-Fi ready, and HP says that it will be teaming up with AT&T to introduce a 3G version of the device...

2011-02-10 05:45:00

Hewlett-Packard Co. unveiled a TouchPad tablet computer on Wednesday as its initial entry into a fast-growing market dominated by Apple Inc.'s iPad and devices running Google Inc.'s software. The company said the 9.7-inch "TouchPad" will be released this summer, and will be powered by Palm's well-regarded webOS operating system. HP is betting that there remains enough room in the lucrative tablet computing market for yet another mobile software platform. However, it's a risky move,...

2010-04-12 12:13:33

Bloomberg reports that smartphone maker Palm Inc. is planning to sell itself and is now looking for offers for the company as early as this week. Palm, the creator of the Pre and Pixi phones and developer of WebOS phone software, said it is working with Goldman Sachs Group and Qatalyst Partners to find a buyer. Taiwan's Economic Daily News said that HTC Corp, the world's No. 5 smartphone maker, has "opened discussions about an intent to acquire" Palm. Jon Rubinstein, Palm's chief...

2010-03-20 07:30:00

Palm Inc. repotted low sales figures on Thursday amidst a time of rough competition within the smartphone market. The figures showed that the company shipped 960,000 smartphones to stores and distributors in the quarter that ended February 26.  This was 23 percent more than the previous quarter.  However, the number of phones consumers actually purchased was 408,000, which was down 29 percent from the previous quarter. Rival company Apple sold 8.7 million iPhones in its most...

2009-06-26 09:11:08

Palm Inc had a closer-than-anticipated fiscal loss on Thursday, which spotlighted the huge demand for its just-revealed Pre smartphone. Palm's shares increased over 14% in hours after trading. Executives are positive about the Pre, which goes head-to-head with Apple Inc's iPhone and Research in Motion's BlackBerry and will hopefully guide the company out of monetary losses. Avian Securities' Matthew Thornton anticipated that Palm made profits for 70,000 Pre units in the May quarter alone. He...

2009-06-11 14:53:55

U.S. digital gadgetry giant Palm named Executive Chairman Jon Rubinstein as its new chief executive officer Thursday. Rubinstein replaces Ed Colligan, who is leaving the company Friday after 16 years as a Palm executive to join Elevation Partners, an investment group with a $425 million stake in Palm, the San Jose Mercury News reported Thursday. Trip Chowdhry of Global Equities Research said the switch was a smart move. His involvement in the company has to be more than mainstream, he said of...

2009-06-11 10:26:10

Palm Inc made Jon Rubinstein its CEO on Wednesday, hoping the former Apple executive will bring fresh innovation to a company hoping to revive its fortunes with a new smartphone introduced last weekend. Rubinstein was introduced as Palm's executive chairman when private equity firm Elevation Partners bought a stake in the company in 2007. He acted as a representative for the new "Pre" phone, a strong rival to Apple's star iPhone device, by attending several different industry conferences and...

2009-06-09 06:50:00

The Palm Pre, seen as Palm Inc's chance to steal market share back from Apple Inc, was released on Saturday to crowds much smaller than those that snaked around Apple stores two years ago for the release of the iPhone.The new phone has been met by rave reviews, and is considered a pivotal product for Palm and Sprint Nextel.Many consumers said they were eager to get their hands on the "iPhone killer.""This is my birthday present to myself," said Wilma Rivera, 36, a heating technician who...

Word of the Day
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.