Palm also announced that it plans to release a wider array of products this year and next. In the past, the company has been slow to release new designs and features; in particular, Palm handsets have lagged behind in multimedia options. The move to a new OS should allow the company to better compete against its rivals--and possible suitors--Nokia and Motorola.
The company seems unconcerned about losing market share to Apple's upcoming iPhone. At a recent meeting with industry analysts, Palm's senior vice president of marketing, Brodie Keast, referred to the iPhone as "primarily an entertainment device."