NewsSeptember 05, 2007
Palm cancels the Foleo
The brief, but spectacular, Palm Foleo story took its final remarkable twist overnight when Palm CEO Ed Colligan announced on the company blog that the 'smartphone companion' was to be scrapped before it had even reached the shelves.
Announced earlier this year, the Foleo received a lukewarm reception at best from the technical press. "What exactly is it for?" is the question that was most often raised about the laptop that wasn't quite a laptop.
Palm stuck to their guns and a launch date was announced for this month. Then the rumours started of a delay caused by a bug preventing the Foleo from synchronising with some of Palm's most popular products. This was denied wholeheartedly and the launch date was confirmed for later in September.
Now, in a shocking U turn, Palm have cancelled the whole project to allow what Colligan describes as 'focus[ing] all of our energies on delivering our next generation platform and the first smartphones that will bring this platform to market.'
The comments on the blog are mixed.
Some are disappointed that the Foleo will not see the light of day. Others are delighted that Palm is going back to its roots.
Whatever the response, Palm has taken a brave gamble and is taking a £10 million hit as a result.
Goodbye Palm Foleo, it was nice writing about you.
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