Palm CEO: We Don't have to Beat Each Other to Prosper

Palm's new CEO on Thursday said he thinks the smartphone market is growing fast enough that multiple handset makers can thrive, and he also hinted at updates to come for the new Pre phones.

By Nancy Gohring

PAGE 2

Rubinstein sounded open to the possibility of licensing the new operating system out to other hardware makers, but said the company isn't close to doing so. "It's not a religious issue for us, but we have no plans at this time to even talk about it," he said.

For its fourth quarter, which ended May 29 and so did not include Pre sales, Palm posted a net loss of US$105 million, compared to a loss of $43.4 million in the same quarter last year.

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