Palm Investor Says iPhone Will Lose To Pre
March 6, 2009
“You know the beautiful thing: June 29, 2009, is the two- year anniversary of the first shipment of the iPhone,” McNamee said today in an interview in San Francisco. “Not one of those people will still be using an iPhone a month later.”McNamee is the co-founder of Elevation Partners, an investment firm that recently upped its stake in Palm from 25 percent to 39 percent with a $100 million investment. It's easy to understand why he feels the need to exude confidence in the Pre, but saying not one single person will be using the iPhone a month after its anniversary is just silly.
“Think about it -- If you bought the first iPhone, you bought it because you wanted the coolest product on the market,” said McNamee, 52. “Your two-year contract has just expired. Look around. Tell me what they’re going to buy.”The zingers just keep on coming. McNamee doesn't stop there, he believes Palm has an advantage with their new smartphone because it uses a new operating system, claiming both Apple and RIM's technology is outdated. The Pre does look good on paper, but making so many impractical claims before the device is even released is ridiculous. No one knows how much the device is going to cost, how it may perform in a real world environment and of course the biggest factor, whether Apple will have a new phone of its own around that time.
