Palm CEO brushes off Apple cell phone threat

  • Palm chief executive Ed Colligan doesn't plan on losing any sleep over rumors that iPod maker Apple Computer is on the verge of breaching the cell phone market with a new handset device. Responding to questions at a Churchill Club breakfast gathering last Thursday, Colligan reportedly "laughed off the idea" that the Cupertino, Calif.-based company would experience any immediate success in delivering a device to the fastidious smart phone market.

    Read the complete story here. (Apple Insider)