All Posts Tagged With: "iphone killer"

Palm Pre Is No ‘iPhone Killer’

Palm Inc. (Nasdaq: PALM) can’t seem to catch a break.

Just days after its stock hit a 52-week high and its new Pre smartphone sold out in its Saturday debut, Apple Inc. (Nasdaq: AAPL) stole Palm’s thunder by announcing a new iPhone, the iPhone 3G S, and more importantly, cut the price on its existing 8 gigabyte model to $99-half the price of the Pre.

The move was a very shrewd one that will allow Apple and its iPhone to stay ahead of the pack in the smartphone industry. But Palm’s attempt to win a share of the market by releasing a smartphone…

11Jun2009 | Money Morning | 1 comment | Continued

  • Polls

    How Has The U.S. Recession Affected You?

    View Results

    Loading ... Loading ...
    • Improve the web with Nofollow Reciprocity.