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Palm's New Grip on the Market

posted onOctober 15, 2002
by hitbsecnews

Source: BUSINESSWEEK

Times have been tough for Palm (PALM ). Growth of handheld-computer sales has stalled, low-price rivals running Microsoft's (MSFT ) Pocket PC software threaten its core markets, and the company's stock price has fallen below 75 cents. But both halves of the beleaguered company--software and hardware--are fighting back.

PalmSource, the company's software unit, has released the first fundamental overhaul of Palm's operating software since the Pilot began shipping in 1996.

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