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Palm slashes price on wireless handheld
Posted: 12-May-2001 [Source: CNET]

[Price for a Palm VIIx currently US199 as sales drop and inventory swells.]

by Ian Fried -- "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

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