When Palm launched its flagship Pre smartphone last summer, some reviewers called it an iPhone killer — but now it's Palm that may be doomed. With Pre sales languishing, shares in Palm plummeted 19 percent at the end of last week to a 52-week low on the back of worse-than-predicted financial results. Some analysts say the company's stock is "essentially worthless." Is this the end of the line for Palm? (Watch a Fox Business report about the Palm's declining sales)
Sadly, it appears Palm is finished: The Palm Pre has great hardware and a "genuinely terrific" operating system, says Brian Barrett in Gizmodo, but Palm only offers a fraction of the apps available for its monster rivals, Apple's iPhone and Google's Android. With an inventory of a million phones "waiting not to get sold" and Wall Street digging Palm's grave, the end can't be far off for "the last great indie phone maker."
"You'd be crazy to buy a Palm now"
It's not over yet: There's "still time for Palm," says John C Abell in Wired. With everyone waiting to see what Apple's iPad can do, the smartphone industry is "in flux." If Palm markets its Pre sensibly, pressing its "GPS advantage" and positioning its smartphone as a companion to the iPad, it could still win.
"Palm can still win: here are five things they need to do"
Palm must create an "iPad killer": To turn itself around, Palm has to forget phones, says Tony Bradley in PC World, and "go back to the drawing board." Palm can survive by tapping into its "proud heritage" in the PDA market and developing a "tablet PC to compete with the iPad."
"'iPad killer' may be Palm's last hope"
PREVIOUS OPINION BRIEFS ON THIS TOPIC:
• Can Sony topple Apple?
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- Watch out, China — America is working on dogfighting drones
- How liberals are unwittingly paving the way for the legalization of adult incest
- 43 TV shows to watch in 2014
- How the Simpsons/Family Guy crossover revealed the worst of both shows
- Why the Chinese military is only a paper dragon
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- The troubling persistence of eugenicist thought in modern America
- Why America won't have enough money to battle ISIS
- Libertarianism's terrible, horrible, no good, very bad idea
- 11 facts yü should know about the umlaut
Subscribe to the Week