Palm AT&T Partnership Announcement Didn't Excite the Market
Palm lost nearly 30% of its market capitalization last week Friday after it missed expected sales projections by a wide margin.
Palm and AT&T announced that the Pre Plus and Pixi Plus webOS based phones will be available through AT&T (these phones are already available through Sprint and Verizon).
Palm Press Release: Palm webOS Smartphones to be Available for AT&T Customers
Official Palm Blog: Palm webOS Coming to AT&T
Will having Palm’s phones available through AT&T make any difference to the bottom line? If it does, the stock market did not react as if it will.
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