Palm nets $100 million from Elevation Partners.

Palm received another $100 million from Elevation Partners. I understand why EP made the investment, but does anyone else think that Palm is losing brand?

Ignore the recessionary climate, but between the influx of the new pda/smartphones and the rising penetration of blackberry/iphones due to popularity and affordability, doesn't it seem as if the Treo/Centro should go the way of VHS when DVDs came out or the withdrawal of HD DVDs when competing against blu-ray?

DEALBOOK REPORTED THE STORY HERE

I've never owned a Palm device. but have used various models numerous times. I like Blackberry for email, iPhone for everything else. What good is the palm?

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