Treo Trio Takes Aim at Research In Motion
Call it another sign of convergence. Microsoft (MSFT) , Verizon Wireless and Palm (PALM) are planning a news conference Monday to unveil the latest Treo smartphone.
The cast of tech hard chargers sharing the stage suggests that Microsoft, Palm and even the Verizon Wireless venture of
Verizon
(VZ)
and
Vodafone
(VOD)
TheStreet Recommends
have started to see eye to eye on the mobile device market.
The new Treo 700 being introduced Monday will be the first Windows Mobile operating system on Palm's Treo phone. The phone will also feature evolution data only, or EV-DO, fast wireless Net access, as well as WiFi capabilities. Notably, the phone is not expected to be available until next year, says a person familiar with the introduction.
Obviously, the new Windows-powered Treo is aimed directly at
Research In Motion's
(RIMM)
popular Blackberry phone.
Palm shares were up $1.66, or 6%, to $30.35 in after-hours trading Friday in anticipation of the announcement.
