Palm’s smartphone market share jumps nearly 70%

Palm_logoAt the risk of beating a dead horse, let this news make its way to mini-notebook companies: low price does matter. How else could you explain Palm’s market-share of the smartphone market jumping around 70% in Q108? The handset maker captured 13.4% of the market in the first quarter of the year, which compares to 7.9% at the end of 2007. The $99 or less Palm Cento is the poster-child for a low-cost, yet fairly functional device, just like the original Eee PC was. While the Centro might not meet the needs of seasoned, mobile device owners, it’s definitely a device that helps bridge the gap for consumers between feature phones and full-featured smartphones. Plus it buys Palm more time to bust out that Palm OS 2.0, Nova or whatever it might be. ;)By the way: RIM also gained market share, jumping from 35.1% to 44.5%. The loser in all this? Apple’s iPhone went from 26.7% to 19.2%.