In “A Message to Palm Customers, Partners and Developers,” Palm CEO Ed Colligan announces the cancelation of a new product. He writes, in part:
Jeff Hawkins and I still believe that the market category defined by Foleo has enormous potential. When we do Foleo II it will be based on our new platform, and we think it will deliver on the promise of this new category. We’re not going to speculate now on timing for a next Foleo, we just know we need to get our core platform and smartphones done first.
Be sure to read the comments, which combine disappointment and relief with understanding.