Thursday, April 10, 2008

Two analysts slam Palm

Tech Trader Daily points out two especially pessimistic and negative research notes on Palm. Needham’s Charlie Wolf, who has covered the company for a long time, remarks that Palm has “lost its way.” He goes on to say “it’s an open question whether they’ll be successful” in reference to the new operating system.

Nomura’s Andrew Beswick is even gloomier, writing today that “all the signs are there that Palm may not be long for this world.” He says Palm does not offer enough devices or distinguishable variants, and asserts that the features of its phones are not upgraded fast enough. [This editor wholeheartedly agrees. Palm needs to change it up, and fast, if they want to remain a viable entity in the mobile device market.]

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