Palm Is Circling The Drain?

Feb 26 2010, 5:00am CST | by Robert Evans

At this time last year, the Pre was one of the most talked-about products in the industry. It was the phone that would save Palm. Unfortunately, things haven't gone very well since. The Pre's sales have been tepid for such a hyped product, and Palm's stock has continued to drop. Now Palm has released their third quarter expectations and...it isn't good.

They've officially notified their stockholders that they expect their 2010 revenues to be well below the $1.6 to $1.8 billion expected.
For the Q3 2010 quarter Palm sees their revenue will be somewhere between $285 million and $310 million.

At this point, I don't think anyone would be surprised to see Palm sold, but who would buy them? I still think Palm webOS is a great mobile OS. It is Linux based and offers a state-of-the-art interface. The major problem I see is that Palm has no eco-system like Apple and Microsoft have. The back and forth on the iTunes interface just highlights this issue even more.

The company will provide more detail on its financial results during Palm's third-quarter financial results conference call currently scheduled for Thursday, March 18.

Updates

NASDAQ OMX board elects interim chairman

Source: Hartford Courant

NEW YORK (Reuters) - Nasdaq OMX said on Friday its board of directors elected BÃ¶rje Ekholm to serve as the interim chairman of the exchange operator, replacing Furlong Baldwin, who retired. Ekholm, chief ex ...
Full article at: Hartford Courant More like this 51 minutes ago, 6:40pm CDT

New iPad usage already exceeds original iPad

Source: IntoMobile

After two months on the market, usage for the new third-generation iPad has already surpassed usage on the original first-generation iPad released in April 2010, according to a report. Fast forward two months in time and we have ...
Full article at: IntoMobile More like this 2 hours ago, 5:15pm CDT

Free on iTunes: 3 Free iOS Apps for News Hounds

Source: The Mac Observer

My life has become quite hectic lately. There was a time when keeping up on the latest news was part of my daily routine, at the very least I would keep an eye on technology news. Lately, however, demands of work, home, ...
Full article at: The Mac Observer More like this 2 hours ago, 4:42pm CDT

where to buy

Buy from Amazon

Don't miss ...

Technology News

Solar Powered Clothing: The Future of Mobile Charging...

Robert Evans
The excitement about new smartphones, tablets and anything mobile drive Robert to unearth the latest rumors and developments in this fast moving space. He adopted 4G as soon as it become available and knows where the mobile market is going.
Robert can be contacted directly at robert@i4u.com.