Summary Box: Struggling Palm may find strong technology, accomplished leader not enough

By AP
Wednesday, March 10, 2010

Summary Box: Palm struggles in its phone comeback

PALM’S PROBLEM: As smart phones have gotten more popular, Apple Inc.’s iPhone and Research In Motion Ltd.’s BlackBerrys have benefited while Palm has fallen behind.

ITS SOLUTION: Sleek new phones, fresh operating software and a new CEO who helped Apple make the iPod a household name. But while the products have gotten positive reviews, consumers have been slow to pick them up.

WHAT ANALYSTS THINK: Several analysts believe the company could end up needing to find a buyer or closing its doors in the next year or two.

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