Palm Cancels Laptop-Like Foleo
So for all of you harboring high hopes of syncing your Palm with a Palm-based laptop, and eventually your brain, those daydreams of increased efficiency will have to keep floating around your heads in animated thought bubbles: Palm just cancelled the Foleo -- essentially it a 10-inch laptop with a full-size keyboard and built-in Wi-Fi, which was to sync perfectly with Palm smartphones. (Edits on the Foleo would automatically appear on a paired Smartphone, and data would synchronize with a dedicated button.) They'd gotten as far as a price for the Linux-based platform: $499 with $100 introductory rebate, to go on sale this summer.
Instead, the company will focus on the new Palm OS -- and take a $10 million hit in the process.
But Foleo stalwarts can take some solace: In a press statement sent out late yesterday, Palm CEO Ed Colligan said that Palm planned a "Foleo II" based on the new mobile platform the company is developing for its next generation of smartphones, which it might as well just call "Foleo" if you ask us, because, really, that would just make much more sense.
From Engadget
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