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Palm cuts prices for its products

Palm, following Sony and Handspring, reported product price cuts. It will make up to 34% for five of six devices present on the market.

Palm representatives reported that the price cut is not the beginning of price war similar to last year, when pocket PC makers suffered overproduction, but just a result of traditional seasonal market lull.

So, price for m105 will be cut from $149 to $99, for m125 — from $179 to $169, for m130 — from $279 to $249, for m500 — from $299 to $199, and for i705 — from $449 to $399. the latter is discounted $100 at buying annual subscription for the wireless Palm.net service.

m515 price remains the same $399.

In addition, Palm mentioned the September release of three new models: one supporting GSM/GPRS, one ARM-based, and a low-end model for about $100.

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