Verizon Palm Pre | All about the Palm Pre and Palm Pixi on Verizon

Mar/10

22

Palm CEO: We Could Have Been Bigger Than Droid

“I coulda been a contender,” said Brando’s character, Terry, a washed-up boxer, lamenting his fate.

Compare that to what Palm CEO Jon Rubinstein said Thursday during his company’s third-quarter results call with analysts:

“If we could have launched at Verizon prior to the Droid, I think we would have gotten the attention the Droid got. And since I believe we have a better product, I think we could have even done better,” Rubinstein said.

Yes, except for that Verizon problem, Palm’s CEO thinks his company “coulda been a contender.”

Of course, customers have decided that Palm doesn’t make a better product, and they made that decision well before the Droid burst onto the market last October. By then, the Pre had been on the market for four months.

CNNMoney.com took note of the company’s plight in a headline that sums up my opinion, too: “Palm’s new price target: $0.”

“Palm’s future already looked bleak,” the financial news site commented. “But after reporting worse than expected results for the third quarter Thursday, some analysts think the company’s stock is now essentially worthless.”

Read the full story on ARN

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