Read the full article for a stark Palm reality check. My bet: Palm, best-case, gets acquired by a PC vendor seeking to accelerate its entry into mobile devices.
COMEBACK stories are irresistibly appealing, in business as well as in sports. But recovering from some strategic mistakes is awfully hard. A case in point is Palm’s failure to anticipate the threat that Apple posed to its core business.
Nearly two years since Apple introduced the iPhone, Palm has yet to release the Pre, the successor to its aging Treo. Much is riding on the Pre, which the company says will available before July 1: sales of Palm’s older smartphones have collapsed.