Palm Troubles Increasing, 2009 Looking A Long Way Off

I almost let this one slip by, on the grounds that there's little good to say about Palm these days, so why kick them whilst they're down?

But this particular piece of news is so bad I couldn't really not comment. Against a predicted Q3 loss of $14m Palm has now had to revise its reported figures to show a disconcerting $57m loss - prompting analysts from two independent brokers to suggest that the company isn't long for this world.

Hopes of a takeover seem remote, after all the company is a sitting target until its new Linux devices arrive, more so because its product line (750W excepted) is so badly behind the times. Why pay money to buy Palm when you can eat their lunch for free?

So it all hinges on Palm Linux, a product which won't give them a marketable producy for 18 months.

Seems an awful long time to be sitting on the rifle range with a target painted ob your shirt to me...