Palm stock price headed for $0?

As I’ve men­tioned before, I was a Palm user from way back but when it became time to replace my Treo, I ended up with a Droid. For me it made sense because Palm’s new WebOS was not com­pat­i­ble with its older Pal­mOS and if I was going to make the break, I wanted to go with the plat­form that looked like it would be around in a cou­ple of years. But I had no idea how poorly Palm was really doing. In ret­ro­spect it was a smart move on my part, even if I felt a lit­tle funny about mak­ing it.

Palm’s new phones seem to be pretty good but no one is buy­ing them. At this stage, Palm’s only chance for sur­vival is being pur­chased. Apple would be a nat­ural fit, given the gen­e­sis of the orig­i­nal com­pany, but Microsoft has also been men­tioned. But why would either buy Palm? Apple is happy with it’s iPhone and Microsoft’s new Win­dows Phone 7 is prob­a­bly too far along to need much of a tech­nol­ogy infu­sion. The irony is that Palm may have sur­vived too long, had it failed sooner it might have made for a much more attrac­tive package.

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