It appears that Palm has decided not to slip off without a fight. At CES, they announced its new Pre smart phone with its WebOS operating system.
Two days after the announcement, Palm’s shares nearly doubled to $5.96.
The Palm Pre features a touch screen and many capabilities similar to the popular iPhone, but it also offers some new features, including a slide-out keypad as well as a new operating system that the company designed from scratch.
According to MarketWatch, the company plans to build a family of new devices on the platform that can help it regain its lost market share.
Read the article on Palm here.
More details with a video clip here.
