Palm to Close All Retail Outlets

Things have not been looking too great for Palm the past few months, and many are questioning their future. Over the course of the last few years, they’ve had a class-action lawsuit filed against them for accident-prone Treo 600/650’s, then last year we saw a Foleo created and canceled, and most recently, the long-anticipated Linux-based OS was pushed back by an entire year.

As if things needed to go worse, Palm has made known that they will be closing all of their retail locations before the quarter is through. According to CNet, the news might be the result of the class-action lawsuit that’s draining their funds, but Palm makes no real connection. Instead, they explain the need to place resources elsewhere, in order to create world-class products. Whatever the reason, I hope to see Palm pull themselves out of this situation they’ve found themselves in.

Palm announced on Wednesday that Treo 600 and 650 owners who have had their units replaced or repaired at least twice are eligible for cash rebates on new Palm smartphones, as part of a settlement of a class-action suit filed in 2005. The company will also repair any Treo 600 or 650 that hasn’t failed twice, but is outside of the original warranty.

Source: One More Thing Blog