Editing Palm, Inc. (section)

===Stock offering and split into PalmSource and PalmOne {{anchor|PalmOne}}===
[[File:Palm logo 2003.jpg|thumb|150px|Palm logo, 2000–2004]]
[[File:Palmonesm.svg|thumb|200px|PalmOne logo, stylized as "'''''pa1mOne'''''", 2003–2005]]

3Com made the Palm subsidiary an independent, [[Public company|publicly traded company]] on 1 March 2000, and it traded on the [[NASDAQ]] under the [[ticker symbol]] PALM. Palm Inc had its [[Initial public offering|IPO]] during the [[dot-com bubble]] and in its first day of trading the [[Share (finance)|shares]] of the new company hit an all-time high of [[United States dollar|US$]]95.06.<ref name="autogenerated1">{{cite web|url=http://www.businessweek.com/magazine/content/01_23/b3735052.htm|archive-url=https://web.archive.org/web/20011109045810/http://www.businessweek.com/magazine/content/01_23/b3735052.htm|url-status=dead|archive-date=9 November 2001|title=Bloomberg|work=Bloomberg.com|access-date=9 June 2015}}</ref> But competition and the end of the tech bubble caused Palm's shares to lose 90% of their value in just over a year. By June 2001 the company's shares were trading at US$6.50, making it the worst performing PDA manufacturer on the NASDAQ index at the time.<ref name="autogenerated1" />

In January 2002, Palm set up a wholly owned subsidiary to develop and license Palm OS,<ref>[http://gl.access-company.com/news_event/palmsource/012102/ Palm Completes Formation of Palm OS Subsidiary as Palm Powered Devices Hit 20 Million Sold] {{Webarchive|url=https://web.archive.org/web/20140724181822/http://gl.access-company.com/news_event/palmsource/012102/ |date=24 July 2014 }}, Palm press release, 21 January 2002</ref> which was named [[PalmSource]] in February.<ref>{{Cite web|title=Palm Os Subsidiary Ceo Outlines Vision For Future Of Mobile Computing|date=2002|publisher=Access Co., Ltd.|url=http://www.access-company.com/news/press/PalmSource/2002/020502_3.html|archive-url=https://archive.today/20120604233312/http://www.access-company.com/news/press/PalmSource/2002/020502_3.html|url-status=dead|archive-date=2012-06-04|access-date=12 January 2023}}</ref> PalmSource was then spun off from Palm as an independent company.<ref name="Palm-Jun-2003-8-K">{{cite web
 |url=http://edgar.secdatabase.com/1179/101287003002981/filing-main.htm
 |title=Palm, Form 8-K, Current Report, Filing Date Jun 6, 2003
 |publisher=secdatabase.com
 |access-date =31 December 2012}}</ref><ref name="Palm-Nov-2003-8-K">{{cite web
 |url=http://edgar.secdatabase.com/1918/119312503078194/filing-main.htm
 |title=Palm, Form 8-K, Current Report, Filing Date Nov 12, 2003
 |publisher=secdatabase.com
 |access-date =31 December 2012}}</ref> In October 2003, the hardware division of the company merged with Handspring, was renamed to '''palmOne, Inc.'''<ref name="Palm-Jun-2003-8-K"/><ref name="Palm-Nov-2003-8-K"/> and traded under the ticker symbol PLMO. The Palm trademark was held by a jointly owned holding company.