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gadgets Stocks

Is PALM here to stay: II

Reading Time: 3 minutes

I sold my few shares of Palm Friday morning shortly after opening. Palm (Nasdaq:PALM) share dropped 29% on Friday after horrific earning outlook (marketWatch). Palm is increasingly likely to say “bye bye” to its loyal customers in a year or two. Quote sobelmedia:

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I’m never going to forget my very first Palm Pilot in 1998…how cool…it was everything I needed and wanted in a handheld device…addresses, notes, contacts everything…and it had the ability to sync with my computer to keep it up to date. Over the years the company changed owners, management, operating systems and the competition heated up all at the same time. Now it appears as though Palm is at the end of the rope and Wall Street is ready to say goodbye.
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I think PALM has to blame itself for the recent problem (since webOS based Palm Pre launch at Sprint network last July). I saw the following problems:

Categories
gadgets

Palm only way forward

Reading Time: 4 minutes

1. Come up with products that is consistent (not sometimes work, sometimes don’t, see this old post from PreCentral guys).

2. Also come up with some smart ads (with Sprint and Verizon), something like this one from German carrier O2.

O2 has about 11% market share in Germany per Yahoo Answers.