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Palm Closes Retail Shops

Jan 25, 2008, 4:25 PM by Eric M. Zeman
updated Jan 25, 2008, 4:30 PM

Palm stated that it will close all but one of its retail locations in an attempt to help it focus better on bringing its next generation platform to market. The stores will close over the course of the next five weeks, with all of them scheduled to be shut by the end of February. Palm will continue to sell its handsets and branded accessories through its network operator partners, as well as its own web site. Palm also recently said it would lay off some of its 1,200 workers in order to keep costs under control.

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Comments

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This forum is closed.

algorithmplus

Jan 26, 2008, 8:09 PM

RIM Acquisition?

I think it would be cool to see RIM buy Palm. I highly doubt that RIM would ever do that, but to merge the best of the both systems into one would be really cool.

On the business side though, RIM would never buy them out as RIM could do much better on its own, or it would buy them for assets after chapter 11.

ExemptedNut

that would be terrible b/c then data plan would be bb priced

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chocolateman85006

Jan 27, 2008, 4:30 AM

Where have I been?

I didn't even know that Palm had stores!

DoubleHelix

chocolateman85006 said:
I didn't even know that Palm had stores!

lol, you beat me to it....they had stores? Where?

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bones boy

Jan 25, 2008, 5:45 PM

What a horrible time for Palm

...class-action lawsuits, retail closings, maybe the end of the road is near. Hopefully HTC will buy all their assets when they shut down. 😛

sangyup81

that's what they get for selling out to microsoft

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chainmail311

Jan 25, 2008, 8:08 PM

what!?

Palm had STORES?

ReschDMD

Haha that is exactly what I was thinking. I live in Lexington, KY so it is only a medium-sized market, but I travel enough and I still never came across a Palm Store..

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soulsharborax

haha thats what i was thinking..i travel ALOT and i never have seen one...and that sucks...poor people losing their jobs so palm can make up the money for all the owners of the 600/650 suit...ha

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