Saturday, September 16, 2006

Palm's 3G Treo 750v May lift Treo sales, in Europe

Reports Business week: months, but Palm's long-awaited European offensive in the arena of smartphones—pocket computers that double as a sophisticated cell phone—has finally kicked off in earnest. On Sept. 12, Palm (PALM), with British wireless partner Vodafone (VOD), unveiled the 3G Treo 750v smartphone. Like rivals such as Research in Motion (RIM), Motorola (MOT), and Nokia (NOK), Palm is moving aggressively to grab a bigger slice of a red-hot market—global sales of smartphones are expected to grow about 34% a year, reaching $54.6 billion by 2009.

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