Palm – doing better in 2002 (it hopes) The NY Times is reporting that Palm plans to spin off its software division next year and profit from its competitors by licensing (more) software to them. In addition, Eric Benhamou said Palm will introduce more and better products, including a wireless e-mail device, trun a profit by midyear and incorporate a faster processor and wireless standards like Bluetooth and IEEE 802.11b into Palms by the fall.
NY Times gets it wrong
“So it should become clear in 2002 which of the few remaining dot-coms will become viable businesses.”
There may be few LARGE revenue dot-com’s but there are hundreds, thousands(?) of smaller online businesses doing quite well. Run by owners who have low over head and know how to make money and serve customers AND ease PAIN (a solution for a need).
The article reads that, “Webmergers, a research firm, counted 537 Internet companies that closed in 2001, nearly twice as many as in 2000. So it should become clear in 2002 which of the few remaining dot-coms will become viable businesses.”
Read the full article
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