According to a blog entry by Palm CEO Ed Colligan, the Foleo will not have a chance to have a first breath of commercial success. The Foleo was designed to be a compliment to your smart-phone, in the likeness of a small laptop. Essentially, it would allow you to comfortably handle tasks without squinting at a small device.
The good news in all of this is that they are going to shift all of their attention to their next-generation software platform, aka Linux-based products. This is not the end for Foleo, however, as Ed goes on to mention that Foleo II will be based on the upcoming platform.
While the Foleo was and interesting idea, we think the execution was poorly timed and not in-sync with the way the Treo line of smartphones is likely headed. By getting Treo updates out the door faster, Palm will show that it’s not the stagnant company many think it’s become.
Source: CrunchGear