Palm Issues Warning That Their Phones Aren’t Selling Like Hotcakes

Palm's new phone covers for CES 2010

Just yesterday, I considered the options for Sunnyvale, Calif.-based Palm (NSDQ: PALM) — should they sell or should they look for a partner.

Today, everything must be under consideration after the company issued a formal warning that revenues would fall below expectations because “slower than expected consumer adoption of the company

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