Linked by Eugenia Loli-Queru on Tue 4th Sep 2007 22:00 UTC
Palm CEO Ed Colligan has posted a letter to Palm Customers, Partners and Developers on the official Palm blog. In the post, he states Palm will cancel the Foleo mobile companion product in its current configuration, and will undertake efforts to focus entirely on Palm's next-generation (Linux-based too) smartphone platform. My Take: A right move for Palm, the market is not ready for this sort of device.
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Member since:
2005-08-12
I don't think it was the fact that the market wasn't ready for the device. I think the device in and of itself was really kewl. The problem is that the market was just not willing to pay out the ying-yang for this type of device with smartphone and the new budget sub $300 pcs hitting the market soon. They just need to drop the price to subpc levels like maybe $199-250. I assume the problem is that they probably did not budget for having to sell the device at that price, and would have been taking a hit on each device with no method of recovering the losses...But they did say in its "current configuration".