$10,000,000 is a huge amount of money for normal people, but not much for a business that operates in the international market the scale of smartphones. It says to me that Palm really wasn't comitted to the project. -- Larry Hess, CPA | Albuquerque, NM
On 9/4/07, Roger Prokic <[EMAIL PROTECTED]> wrote: > 10M is a lot of money to write off. > > -=[ This email was sent from a Palm Treo 680 palm computer using > SnapperMail Enterprise Edition v2.3.7.01 ]=- > > ...... Original Message ....... > On Tue, 04 Sep 2007 21:21:54 +0000 Bill Gamble <[EMAIL PROTECTED]> wrote: > ><http://blog.palm.com/palm/2007/09/a-message-to-pa.html> > > > >"A Message to Palm Customers, Partners and Developers > > > >As many of you are aware, we are in the process of building our next > >generation software platform. We are very excited about how this is > >coming together. It has a modern flexible UI, instant performance, and > >an incredibly simple and elegant development environment. We are > >working hard on this platform and on the first smartphone that will > >take advantage of it. > > > >In the course of the past several months, it has become clear that the > >right path for Palm is to offer a single, consistent user experience > >around this new platform design and a single focus for our platform > >development efforts. To that end, and after careful deliberation, I > >have decided to cancel the Foleo mobile companion product in its > >current configuration and focus all of our energies on delivering out > >next generation platform and the first smartphones that will bring > >this platform to market. We will, of course, continue to develop > >products in partnership with Microsoft on the Windows Mobile platform, > >but from our internal platform development perspective, we will focus > >on only one. > > > >Because we were nearly at the point for shipping Foleo, this was a > >very tough decision. Yet I am convinced this is the right thing to do. > >Foleo is based on second platform and a separate development > >environment, and we need to focus our efforts on one platform. Our own > >evaluation and early market feedback were telling us that we still > >have a number of improvements to make Foleo a world-class product, and > >we can not afford to make those improvements on a platform that is not > >central to our core focus. That would not be right for our customers > >or for our developer community. > > > >Jeff Hawkins and I still believe that the market category defined by > >Foleo has enormous potential. When we do Foleo II it will be based on > >our new platform, and we think it will deliver on the promise of this > >new category. We're not going to speculate now on timing for a next > >Foleo, we just know we need to get our core platform and smartphones > >done first. > > > >I would like to thank our customers for their interest in Foleo. I > >know there will be disappointed folks who were looking forward to > >carrying a Foleo for all their mobile computing needs. I am certainly > >one of them. I would also like to thank the developers who have > >supported our Foleo efforts. They have been loyal to Palm and have > >worked hard to deliver some compelling solutions on the Foleo > >platform. I know that they will understand that the right thing to do > >for the long run is to focus on one platform that will live for years, > >rather than invest energy in a one-off solution. We will make every > >effort to make sure we bring our developers forward to our next > >generation platform. > > > >This decision will require us to take a limited charge of less than > >$10 million dollars to our earnings. This is a lot of money, but it is > >a small price relative to the costs that would be required to support > >two platforms going forward. This decision is in the best interest of > >our customers, our team, our products and our shareholders. I hope > >this renewed focus at Palm will allow us to deliver more compelling > >solutions to our core smartphone market, and it will allow us to > >position ourselves for the long run around one Palm experience. > > > >-Ed Colligan, CEO" > > > >-Bill > > > > > > > > > > Yahoo! Groups Links > > > > -- Larry Hess, CPA | Albuquerque, NM
