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Remember WebOs? Palm (NSDQ: PALM)’s ‘revolutionist’ mobile operating system supposed to give the Palm Pre the muscle to takings on the iPhone, Blackberry (NSDQ: RIMM), and the hoards of Android phones now advent out of every direction? Maybe you remember the scary blond daughter with translucent skin that maybe took a few too many Xanax, tattle you to buy the Palm Pre? Ah, yes, you remember now. Well, surprisingly enough, all has not been wellspring for Palm.
Bank of America Merrill Lynch psychoanalyst Vivek Arya recently downgraded Palm’s livestock from a buy to under perform. “Palm’s superior platform features have not translated into sufficient carrier support and consumer requirement, and we are concerned the windowpane of chance may be closing as Google (NSDQ: GOOG)’s Android ecosystem gains primer coat, Research in Motion revitalizes its portfolio, iPhone increases its bearing, and as Microsoft (NSDQ: MSFT) reboots its efforts with Windows Phone 7.” That about sums it up. The gross sales figures for the Palm Pre, and Pixi rich person been less than stellar, and with the annoyingly slow rate of the new WebOS devices being pushed out, this cant be a complete shock to everyone. To shuffle matters even worse, Palm’s price targets were cut down to $10 from $20. That’s gotta hurt.
Oh, and it gets worse. Suposedly the sales figures from the new Palm Pre Plus, and Palm Pixi Plus are so poor that Verizon (NYSE: VZ) Wireless whitethorn be ”evaluating the voltage for destocking,” says one psychoanalyst. This was later dissmissed by Verizon, saying, “The Palm devices ar an important constituent in our smartphone line-up.” Even if Verizon has no design of canning the Palm devices, would it really be surprising for someone to hear that the Droid and Blackberries ar being chose before the palatopharyngoplasty’s?
The WebOs itself, is beautifully done. The multitasking capabilities, accompanied with the intuitive ‘circuit board’ interface make it attractive, but Palm, not WebOs, is the one who has failed us. Marketing is a big one. Sure the Palm commercials are memorable, but more in the means I want to kick puppies, not buy you’re damn phone. There may be only a handful of Snapdragon handsets out in the world, but that is something that Palm needs to look into. As far as computer hardware goes, give us more! How disappointing it must rich person been for people to see that all Palm could come up with at CES last class was just a beefed up Palm Pre. Get creative with some devices! Give us a creature of a earphone with a great processor, great spectacles, interesting shape factor, and some decent marketing, and Palm, you may be backrest in business.
The stock is down .37%, at 8.06, after hours.
[Via: WSJ, MarketWatch ]
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