June 6, 2009
Palm, Inc. releases the Palm Pre smartphone through Sprint in an attempt to regain marketshare, after their Treo line of smartphones is dwarfed by Apple’s iPhone. Featuring the Linux-based Palm webOS operating system, the Pre receives some praise from technical reviewers, but due to poor marketing and the rapid pace in which Apple dominates the New World of smartphones, Palm’s series of phones and the webOS never really have a chance to gain a foothold. Within the course of one year, Palm is purchased by HP for $1.2 billion. One year later, after just 2 months of abysmal sales of their TouchPad tablets, HP halted production of all webOS-based devices. HP later released webOS under an open source license, sold the operating system to electronics manufacturer LG, and the webOS and Palm patents to Qualcomm. Today, LG licenses webOS from Qualcomm as the operating system for their smart televisions, smart refrigerators, and smart projectors. webOS also lives on in open source form.