BizJournals Portfolio
Jun 12 2008 12:00am EDT

Palm Centro: Doing Well, But iPhone's Coming

Kevin Maney writes: Palm's Centro is proving to be a much-needed boost for the company -- this year, the smart phone will hit 2 million units sold, Palm said today. But analysts think the Centro will be vulnerable when the new, inexpensive iPhone comes out this year.

At least Palm is on the right track. I've been a Treo user this whole decade, and while I always liked the Treos, I always found previous versions to be bulky and buggy. I've had a Centro for a couple months now and think it's the best Palm smart phone yet.

The Centro is on Sprint in the U.S. and is about to be sold by Verizon Wireless, too. The iPhone, of course, is only on AT&T's network. So the iPhone won't be a huge threat to Palm, except when it comes to people willing and able to switch networks. Invetors don't seem too worried. On news of the Verizon deal, Palm shares shot up 13% on Thursday.

 


Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.


Connect With Portfolio.com

Come on, like us—you know you want to.

Follow us and if you're an innovative entrepreneur, we'll return the favor.

Today's top stories, conversation starters, and the back nine business bites.

spotlight on

Slideshows

500 Startups Hits New York

Dave McClure's brainchild makes its way to New York and introduces East Coast money folks to some intriguing new companies. View Slideshow