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Palm Inc, the manufacturer of famous Smartphone line Palm Treo has introduced a new high-end Treo mobile phone.
The phone was aimed to target the BlackBerry’s monopoly among business professionals but to worst has been overshadowed by the launch of Apple iPhone. The launches of both the phones at about the same time proved harmful for Palm Treo as limelight was taken away by the iPhone.
Since it is available for retailing, the phone has reached 1 million mark. But on the other hand, shares of Palm slipped further by 2 percent after Palm unveiled its 800w smartphone, available for $250 after signing up for a service contract with its wireless carrier partner Sprint.
By contrast, the Apple iPhone is retailed for about $200.
It seems that where Apple iPhone 1.0 was a trend setter, the latest version is price setter for rivals this time. Adhering to same ideology, Samsung Inc. limited its price to $130 for Instinct available via Sprint.
The Treo is available via Sprint after rebate of $100. The new Treo comes with a full keyboard, Wi-Fi wireless Internet capability, satellite navigation systems, and built-in digital cameras.
Lalit Yadav, ITVoir Network |
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