The title above is not developed by yours truly, but rather by Anders Bylund from the very popular investment web site “Motley Fool”. His piece looks at the current financial status of Palm, and can be summed by two words: cash burning.
While I don’t fully agree with all of his positions, Anders definitely is right about one thing: there is no second chance for Palm. With money from Palm OS products falling off a cliff and Windows Mobile competition getting stronger than ever (Treo Pro…haha), the folks can not survive on their self-generated income.
If the Pre fails, Palm is as good as dead. There probably won’t be another webOS device if the Pre doesn’t sell (extremely) well…which is a fact I am not too sure about.
While the Pre definitely is an amazing (and very daring) piece of technology, I am not sure if there will be many Palm OS heads waiting to upgrade to this device due to lack of upwards compatibility.
Palm’s fate will decide itself in the next six months – and it will be prosper or perish. The time of stasis is over for good…