LAS VEGAS — Is Palm up or Palm down? The answer depends on how well consumers receive the slick new Palm Pre smartphone the company introduced Thursday at the Consumer Electronics Show in Las Vegas. The early buzz has to cheer the company. Palm's stock closed at $4.45 on the news, up nearly 35%. "This keeps Palm in the game," says Creative Strategies President Tim Bajarin, an industry analyst. A smartphone pioneer with its Treo, Palm has fallen on tough times against rivals such as Research In Motion's BlackBerry and Apple's iPhone. When Pre launches with exclusive U.S. carrier Sprint in the first half of 2009, it will be the first phone to run Palm's new operating system, called WebOS, under development for well over a year. No pricing for the hardware has been set. "We're extremely enthusiastic about this device," Sprint...
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