Palm Readies iPhone Rival

BlackBerry’s iPhone competitor, the Storm, garnered less-than-stellar reviews. Might Palm have better success with its new smartphone? The original leading manufacturer of hand held devices is hoping to reboot its flagging fortunes with the Pre, a new touch-screen device with a new operating system, WebOS, which provides quick Web access and multitasking. Palm currently ranks fourth in smartphones in use, behind BlackBerry, Apple, and Windows-based phones. The Pre will be carried exclusively by Sprint.