I agree in general that Palm was grossly undervalued. But I also think the author is overvaluing patents. Microsoft, who supposedly dwarfs Google and Apple in p

I agree in general that Palm was grossly undervalued. But I also think the author is overvaluing patents. Microsoft, who supposedly dwarfs Google and Apple in patents, still struggles to profit from those ideas. And IBM, whose patent portfolio dwarfs them all, also has a smaller market cap than Apple, Google, or Microsoft. Google might not have a quantity of patents, but it seems to have enough quality patents to sit quite comfortably.