Forbes: ‘Palm’s Stock Plummets After Analysts Cut Targets to $0’

The message seems to be that Palm is in serious trouble — not just merely “struggling”, but in dire straits.

I don’t really understand why. Their WebOS phones are, to my eyes, the best competitors to the iPhone. People who own them seem to like them. Their marketing hasn’t been great, but it’s been better than Android’s. But Android is taking off and WebOS isn’t, and, trite though it sounds, Palm really has bet the company on WebOS.

★ Friday, 19 March 2010