Palm Still Struggling


	Palm Still Struggling

Tina Russo

3-24-2008 9:36 AM

1073 views

tags:

palm, smart phones, iphone, blackberry, rimm, apple, treo

Tina Russo says:

Palm better rebuild quickly or they are going to find themselves out of the game. Since October, its stock price has fallen more than 60%. A new TREO line is due out later this year; maybe that will help turn things around. Investors certainly hope so.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/7e1f305c-7bed-4e5a-a219-d35c31be088b/A482B7EF-FEDF-4F4E-8784-55BA27484751/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://metue.com/03-20-2008/palm-q3-earnings-struggle/" href="http://metue.com/03-20-2008/palm-q3-earnings-struggle/" style="font-size: 11px;">metue.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://metue.com/03-20-2008/palm-q3-earnings-struggle/">Despite a burgeoning market for smart-phones and a  <A class="liinternal" target="_blank" href="http://metue.com/03-06-2008/apple-iphone-corporate-ambitions-blackberry/">voracious consumer and corporate appetit</A>e for Blackberry’s and iPhones in the  US, once leading player <A>Palm</A> continues to struggle.   Their market share is hovering around nine  percent (<EM><A>Apple</A> took approximately  28 percent of the U.S. Smart Phone market in less than one year.  RIM’s  Blackberry has 41%.</EM></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://metue.com/03-20-2008/palm-q3-earnings-struggle/"><P><A>Palm</A> has acknowledged, much like a storied sports  franchise whose stars have faded with time, that they’re in a rebuilding mode. They  lost their way and are working to improve their operations and product pipeline.   They’re trying to build with new talent. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/A482B7EF-FEDF-4F4E-8784-55BA27484751/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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