Published May 19th, 2011 by Ceasar
Palm Inc. – Dead in the Water
With the company stalled and it’s current owner deciding to discontinue it’s foray into the mobile and tablet market Palm, one of the first pocket pc’s around is dead in it’s tracks. There are but few details regarding the decision of the world’s largest computer maker on the move, that has also by coincidence moved to place it’s PC manufacturing arm up for sale.
The PC giant has re-aimed it’s focus on the services only market like IBM and many others who have been faring well in spite of economic turmoil. PC, mobile and tablet sales are mostly dependent on the economy, a bump here and there equals to huge losses. The move was a surprise indeed with shares of the company dipping well below expectations, only time will tell if their decision is based on sound analysis of the market’s status.