Palm Hurting, Apple Smiling
November 28, 2006Palm Hurting, Apple Smiling
It’s just a few minutes after noon in the New York time zone, and CNBC TV just reported that Palm’s share price is down 7.4%. RIM is down about 0.5%, Appleis up a couple of %. Palm was downgraded, triggered by theirannouncement that they were delaying the release of a new Treo. Whilethey’ve release several this year, including the Treo 680 (which was partly recalled, I believe) and the Treo 750,they had
plans for releasing many more. In the meantime, Apple is doingjust fine, thank you, and no doubt fans are eager to hear more aboutthe Apple iPhone, due out next year.
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