Roger McNamee’s wild predictions shot down — by Palm itself

Roger McNamee's wild predictions shot down -- by Palm itself

Remember wild-man McNamee’s predictions last week of death to the iPhone and all sorts of other Pre-related wonderment? We read and we chuckled and we moved on, but someone took his statements a little more seriously — Palm. Yes, the company Roger was talking up, the company in which his firm Elevation Partners owns a particularly large stake, submitted a document to the SEC that summarily disputes all of his hyperactive talking points. It’s full of facts and figures and is completely dry, but, like an episode of Yes Minister, is also full of comedic brilliance. Here’s the company’s reaction to our favorite bit, about the death of the iPhone:

The statement in the second paragraph of the article that “not one” person who bought an Apple, Inc. iPhone on the first shipment date “will still be using an iPhone a month” after the two-year anniversary of that day is an exaggerated prediction of consumer behavior pattern and is withdrawn.

It’s good to know that, even in these tough times, there’s still some comedy left in the corporate world. More boardroom humor after the break.

[Via Palm Infocenter]

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Roger McNamee’s wild predictions shot down — by Palm itself originally appeared on Engadget on Tue, 10 Mar 2009 07:12:00 EST. Please see our terms for use of feeds.

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