Palm swoons in death spiral

Eight months after the debut of their “iPhone-killer” Palm Pre, they’re missing their numbers and lowering guidance. CEO Jon Rubinstein, still in deep denial, actually says that Palm’s phones are the superest, bestest, most amazingest mobile phones in the whole wide world, yet somehow, curiously, “driving broad consumer adoption of Palm products is taking longer than we anticipated.” Amazing. Good night and good luck, you massive losers.

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