Palm Investor: Your Next iPhone Will Be a Pre
Palm investor Roger McNamee isn’t drinking his own Kool-Aid, he’s drowning in it.
In an interview with Bloomberg, McNamee–co-founder of Elevation Partners, which owns 39 percent of Palm (PALM)– claimed owners of Apple’s (AAPL) iPhone will switch en masse to the Palm Pre when their contracts expire. “You know the beautiful thing: June 29, 2009, is the two-year anniversary of the first shipment of the iPhone,” he said. “Not one of those people will still be using an iPhone a month later. Think about it–If you bought the first iPhone, you bought it because you wanted the coolest product on the market. Your two-year contract has just expired. Look around. Tell me what they’re going to buy.”
I dunno, the iPhone 3.0?
A hubristic claim, even for McNamee and one reminiscent of those ill-starred words Palm CEO Ed Colligan uttered back in 2006:
“We’ve learned and struggled for a few years here figuring out how to make a decent phone. PC guys are not going to just figure this out. They’re not going to just walk in.”
Look, Ed! Behind you!
Yeah, those PC guys never stood a chance…