The ailing manufacturer of the Palm Treo lineup has taken yet another hit to its market-stance. After having pulled development of the Flop-eo (sorry, that’s Foleo), Palm seems to be navigating rougher waters. Palm’s shares took a dive today after an announcement that a shipping delay, coupled with “unforeseen” warranty repairs, would cause Palm to see a Q4 2007 loss. Palm has already seen a 35% loss since closing their deal with Elevation Partners , and has just dropped another 18% to trade at $5.41 in early-hours trading. Stiff competition from RIM and Apple were cited to be largely contributing to the company’s loss of market share, and by extension, losses on the stock market. The Palm Treo has seen a declining market share while RIM’s BlackBerry lineup has been booming - and Apple’s iPhone has presented another major detractor to Palm’s marketshare. Hopefully the new OS will help boost Palm’s lagging position on the smartphone front. If it ever arrives, that is. Palm might do well to consider selling another bunk-stake in the company in exchange for another cash-infusion? It wouldn’t be a good deal for the investor, but Palm needs the money. Any charity investors out there? [Via: MarketWatch ] ---Related Articles at IntoMobile:The power of speculation - Google stock breaks $700 on Google Phone rumorsDeal (or not): Palm T|X with wireless keyboard for $199, E2 with hard case for $149!Qualcomm's Q4 profits spike, NASDAQ shares dropPalm Treo 750 to get Windows Mobile 6 upgrade next weekPalm to be sold tomorrow!?

Google is not only a huge player in the online search game, they’re a veritable bull on Wall Street. Trading as GOOG, the online search giant has seen incredible gains on the stock market in recent months. We hope you got in early, Google just broke the $700 mark after news broke of Google’s impending entry into the mobile space . Apple’s stock more than doubled in the few hours after they officially entered the wireless game with the iPhone, so it makes sense that investors are squirming in their seats for Google to take the same plunge. Rumors indicating that Google would make their plans for the wireless industry known in two weeks time were enough to boost their shares to over $700. Way to go Google. But big ups to all of you that got in early - remember when GOOG was trading for $250? Yea, those were the good old days. [Via: Yahoo ] ---Related Articles at IntoMobile:Google GPhone confirmed to be manufactured by HTCGoogle considering 3G GPhone solutions - could we see a 3G Google Phone from HTC?Google Phone = MVNO using O2's network in the UK + Nokia + Google's secret sauceGoogle is about to make some moves in the mobile industry - Google Phone announcement in [...]