Withered Palm

I know I keep post­ing these, but the dam­age at Palm is worse than even I expected. I’d hes­i­tate to call them a “one hit won­der” but you have to admit no Palm device made as big a splash as the first one did.

It’s tough being the first one in a par­tic­u­lar mar­ket. You start with 100% mar­ket share and watch it decrease as com­peti­tors fig­ure out how to make some­thing sim­i­lar. Your only defense is to keep com­ing out with the “next big thing”. Maybe it was the con­stant own­er­ship changes, but Palm pur­sued a more evo­lu­tion­ary approach, when they could be said to have any approach at all, and it got them to where they are now. Let that be the cau­tion­ary tale.

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