Palm slashes wireless Palm VII price tag
The $100 price cut brings the sticker price of Palm's only model with a built-in wireless modem to $199. Palm is also running a promotion through the end of the year that offers a $100 mail-in rebate for those who buy a Palm VIIx and sign up for a year's worth of Palm.net mobile Internet service. Service costs $24.99 per month for limited use or $44.99 per month for unlimited access.
The Palm VIIx cut--already in effect at Palm's online store--comes after Palm dropped the prices of several of its other models last month.
The company is suffering through a glut of its products. Palm has said it expects its inventory to swell by as much as $200 million this quarter.
Retail sales of Palm handhelds have been weak, with April sales off 20 percent from March, according to NPD Intelect figures cited by Palm Chief Financial Officer Judy Bruner. --Ian Freid, Special to ZDNet News