One of my favourite companies and one of which I follow almost on a daily basis does an about-turn.
Palm, the company that popularised the PDA, is cancelling its new flagship product, the Palm Foleo. You can read the company’s announcement (a blog post) here.
The annoucement came as a huge shock to me. Palm, a company which I’ll consider as relentlessly obstinate, seemed to have yielded to public pressure and its new shareholders (Elevation Partners).
While I’ll not consider the Palm Foleo as revolutionary, I would not consider it detrimental to Palm’s future. It would have been a fantastic deployment ground for its new Linux-based operating. I’m also expecting the new operating to be eventually take residence in Treos and Tungstens.
More later