Last week we heard that Palm missed their expected sales targets for the most recent quarter. With a new CEO at the helm and a new Palm OS 5.0 on its way, Palm hopes that things will be turning around soon as far as profit and sales go. To bolster that hope it seems that Palm will be introducing three new devices this fall, with no specific date known. We would guess beginning to middle fall would be the timeframe.
Palm has decided that targeting the $100 price point will prove lucrative. This is probably a wise bet. The Palm m100 reached this price point, despite the fact it was never Palm’s intention for that to happen, and has been a good seller for Palm. “The $100 price point has proven significant for many products, like the walkman and the DVD player,” said Palm interim Chief Excecutive Erich Benhamou at CIBC World Markets communication conference in New York yesterday. However, don’t expect too much excitement with handheld enthusiasts over such a product, it will be a pretty basic device designed to lure new buyers into the market.
Not much has been said about the two other impending devices. Reportedly Palm will follow the lead set by Handspring and Sony by integrating a keypad onto the device. Is the end of graffiti as we know it upon us? It’s starting to look that way.
See the full breaking rumor report on ZDNet.com.