Palm Shares Fall By More Than 20 Percent After Bleak Outlook

Our Comments

As one observer noted, Palm is now almost primed for a takeover. Expect potential suitors - or at least the first rumours - to come just after the new financial year begins. We expect either Dell or a Taiwanese company, Acer or HTC maybe, to come up and alleviate Palm's lingering pain.

Related Links

Palm reports dire numbers and is up for sale

(TelecomTV)

Palm Sales Plunge 29%

(Informationweek)

Palm Stock drops another 18% today

(I4U)

UPDATE:Palm Shares Tumble On Disappointing Outlook,Phone Sales

(WSJ)

Palm losing cash hand over fist

(Techwatch)