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Current DateTime: 09:31:32 23 Nov 2009
LinksList Documentid: 31047929
Expiration DateTime: 11/23/2009 9:32:29 PM

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Current DateTime: 09:31:34 23 Nov 2009
LinksList Documentid: 31047922
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Jan.21
7:12 PM ET
Wednesday, 21 Jan 2009
Apple Takes Shot Across Palm's Bow

Them's fightin' words, or at least they sure sounded like them, from Apple chief operating officer Tim Cook who appears to be taking square aim at Palm and the company's new touch screen Pre.

Tim Cook
CNBC.com
Tim Cook

On the conference call with Wall Street analysts this evening, Cook was responding to a question from RBC Capital's Mike Abramsky who asked about iPhone competitors and how many of them navigated "carefully around your multi-touch (intellectual property.) But the Palm Pre almost directly emulates what you have already patented," he said.

While Cook didn't want to name any specific companies, it was clear in the context of the question asked that he was likely referring to Palm and the company's new Pre handset that generated enormous headlines following its debut at the Consumer Electronics Show in Las Vegas earlier this month, and was responsible for a huge run-up in Palm shares [PALM  Loading...      ()   ] since. Shares were trading at just over $3 then, and closed today at $7.84. Should be interesting to see how Palm shares weather this not-so-veiled threat.

"We like competition, as long as they don't rip off our IP," said Cook. When Abramsky followed with a direct reference to Palm and its Pre, Cook said, "I don't want to talk about any particular company. However, we will not stand for having our IP ripped off. And we will use whatever weapons we have at our disposal."

More on Apple

When contacted for further information, Apple [AAPL  Loading...      ()   ] said Cook's comments speak for themselves, and that he was careful not to name specific companies.

However, Piper Jaffray's Gene Munster said, "That was definitely a shot across the bow of Palm. It's clear that Apple's gonna go after Palm."

I spoke with Lynn Fox, Palm spokeswoman, who tells me, "Apple was not the first to do 'mult-touch.' Multi touch has a long history dating back to the 1980s. We have patents too."

"Palm has been building its own intellectual property portfolio for 15 years, and we will defend it vigorously, if necessary," Fox added.

The Apple/Palm relationship borders on contentious since former Apple executive and iPod guru Jonathan Rubinstein joined Palm as executive chairman in June 2007.

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