This column was originally published on RealMoney on June 4 at 3:08 p.m. EDT. It's being republished as a bonus for TheStreet.com readers. For more information about subscribing to RealMoney, please click here.
Palm(PALM Quote) faces a short list of product-development challenges at the moment that illuminate the likelihood of its making a successful turnaround. Projected probability of such a turnaround is closer to none than slim, even with the fresh private equity backing announced this morning.
The Smartphone Landscape
Palm used to be competitive during an era when global sales of personal digital assistants, or PDAs, were in the 10 million to 15 million unit range and the Palm OS was a unique selling point. In 2007, smartphones are snuffing out PDAs as a separate product category; this category describes mobile phones equipped with an operating system capable of running sophisticated applications. ...
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