Palm has essentially bet its future on the success of its Pre smartphone and webOS operating system.Palm reported a loss of $105 million for its fiscal fourth quarter, but it does have some reasons to be optimistic.

The company can take some solace in the fact that its eighth-consecutive quarterly loss was not as bad as many analysts has predicted. It may take further comfort from knowing that the quarter did not include the launch of the highly-anticipated Pre smartphone. Palm has essentially bet its future on the success of the Pre and the webOS operating system.

Full Story Via InformationWeek

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