
In a surprising move, Palm has discontinued the unreleased Foleo mobile companion product that was announced with much fanfare at this year's D: All Things Digital Conference.
The blog entry written by Palm CEO Ed Colligan states that "it has become clear that the right path for Palm is to offer a single, consistent user experience around this new platform design and a single focus for our platform development efforts."
Canceling the Foleo will cause Palm will take a $10 million dollar hit to their earnings. They plan to focus on their single platform and will consider introducing the Foleo again in the future based on their one platform:
Palm has certainly seen pressure from Apple's iPhone introduction as well as some public criticism.We're not going to speculate now on timing for a next Foleo, we just know we need to get our core platform and smartphones done first.
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