Wednesday, June 02, 2004

MercuryNews.com | 06/01/2004 | Sony to cut PDA business

MercuryNews.com | 06/01/2004 | Sony to cut PDA business: "Sony announced today that it's essentially getting out of the handheld computer business in the U.S., and that's a big blow to Sunnyvale-based PalmSource. Sony said it won't introduce any new models of the Clie -- which uses PalmSource's software -- in the U.S.
PalmSource's stock closed down 12 percent on the news, making it one of the Nasdaq's biggest decliners of the day."
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