Time to Start Looking for a Buyer, Palm?

So much for Palm’s big recovery. This morning, the company lowered its fiscal-year revenue forecast and warned of a grotesque 30 percent shortfall in its current quarter. Palm expects third-quarter revenue to be between $285 million and $310 million–significantly less than the $425.4 million analysts had been expecting.
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Nokia Buy Palm? Riiiiight.

Palm shares are trading higher today, bolstered by anticipation of the Nov. 15 launch of the Pixi, the company’s second webOS handset, and by some silly rumors about a potential takeover by Nokia. Does the company really need another software platform to add to Symbian, Maemo and Qt? C’mon.
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