Palm's make or break in the hands of Pre?

PALM Inc, a developer of smart phones, will launch a touch-screen model, dubbed Pre, to compete head-on against the more popular iPhone.

The smart phone - exclusively tied-up with Sprint Nextel - will be available in the US market first half this year. The price of the phone has yet to be determined.

The company said it may sell 1 million Pre phones in a quarter.

The phone also has a 8 gig storage space, a GPS software, as well as a built-in camera (which smart phones doesn't come with a camera these days anyway).

So far, the phone has received good reviews from people who have tested the phone.

For the full story, pls visit: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aS5F5vBFv03s

For reviews of Palm Pre:

http://i.gizmodo.com/5126702/palm-pre-preview-simply-amazing

http://www.usnews.com/blogs/daves-download/2009/01/12/on-closer-look-the-palm-pre-is-still-impressive.html