Warning: Statements Made By Palm Director Are Not Endorsed By Palm

imagePalm’s board member and major investor Roger McNamee garnered a ton of attention last week after predicting the day that the Palm (NSDQ: PALM) Pre will overtake the iPhone — a month after June 29, which is the two-year anniversary of the iPhone. Yesterday, Palm corrected and toned down those statements in a SEC document that stated that McNamee’s opinions “are not endorsed by Palm.” PalmInfoCenter first identified the SEC document, which can be found on Palm’s web site here.

Most of the corrections are about predictions McNamee listed off during the interview, and frankly may reflect badly on Palm if they are not correct since he sits on the company’s board as an investor from Elevation Partners. For example, Palm wrote: “With respect to the statement in the fourth paragraph of the transcript that smartphones are anticipated to increase their share of the U.S. mobile phone market to ‘50% within 5 years,’ one third party industry analyst report estimates smartphone share of the U.S. mobile phone market will reach 42.0% in 2012.”

But others relate directly to the performance of the upcoming Palm webOS and the Pre. Almost all were shot down with Palm, claiming that the hardware and software is still underdevelopment. For instance: “With respect to the statements in the tenth paragraph of the transcript that the Palm Pre is ‘going to be a million times

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