Wednesday, September 9, 2009
Palm Inc unveiled a a lower-priced smartphone called the Pixi ,is the same family as its popular Palm Pre..
Palm said it will start sales of the Pixi, a candy bar-shaped multimedia handset with a full keyboard, ahead of the holiday shopping season. Like Palm's popular Pre, Sprint Nextel Corp will be the exclusive provider in the United States.
The price will be revealed later, Palm said, adding that the smaller and lighter Pixi would cost less than the Pre, which will be marketed as a premium product. Several analysts predict the phone will sell for $99 after rebates.
Separately, Palm cut the price of the Pre by $50 to $149, after a $100 mail-in rebate, for new customers that sign a two-year service contract.
The announcements failed to buoy Palm's shares, which fell about 5 percent.
By: DocMemory
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