Hasta La Gadget!

Palm CEO John Rubenstein sent out a note to his staff yesterday,
following the release of the company’s disappointing earnings report. The note,
while maintaining the obligatory positive outlook, acknowledged that “the news is
difficult to swallow.”

According to Rubenstein’s letter, the company recently met
with Verizon Wireless in an attempt to “accelerate sales.” One possibility is
the recently launched Project JumpStart, which is employing Palm “Brand
Ambassadors” and Palm employees to train Verizon sales reps on Palm products. The
move has reportedly helped to increase sales of Palm products on the network.
Palm has also increased billboard, bus, and subway ads.

“Our goals are taking longer than expected to achieve,”
wrote Rubenstein, “but I am still confident that our talented team has what it
takes to get the job done.”