PALM - The rebirth of Palm Inc. Message Board

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Technology Stocks : PALM - The rebirth of Palm Inc.

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To: Win-Lose-Draw who wrote (4300)	3/19/2001 1:14:40 PM
From: arun gera	Read Replies (1) of 6784

>And so the question remains in my mind: if PALM can't be insanely profitable now, when can it be? >> Very good question. However, when you are selling $300 devices, don't expect too much profit. I don't think even Nokia cannot make money on that in small volumes. Nokia is selling 10s of millions of phones to generate profits. Right now it is a do or die battle against Microsoft. Almost like pre-1997 Netscape. Not many companies win against Microsoft. Yahoo, if it falters now, is probably the next victim. Palm's strategy trying to do what Microsoft did to IBM OS-2 in 1990. It is more important to have 20 million Palm devices than profit (profit will be nice too). Have to get independent developers to commit to Palm platform over any other. It is quite apparent that 2-3 OS will survive on the PDAs/cell phones. The volume of devices is likely to be in hundreds of millions in a few years. If Palm lives on for a few more years and is still one out of the top two, profits can be made. Arun

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