Source: Barclays Capital
Perhaps a better approach to examine rather than trying to ascribe a specific strategic value to WebOS, is to examine the competitive landscape in order to assess which vendors could potentially utilize the asset. In our view, while we cannot shut out the possibility of any leading OEM being interested in Palm, we believe most of the leading handset vendors have invested in their current strategies, and thus are likely to stay the course rather than opt to take on the task of integrating a new operating system. Below we highlight the various
strategies at the leading smartphone vendors.
