Palm, losing market share in the handheld market, is now playing catch-up with Microsoft-based PocketPC technologies. We already know it is expanding the operating system to offer similar features, and moving the hardware to an ARM chip like the Compaq iPaq. Palm also has to try to compete in the lucrative business market that Microsoft has targeted, while avoiding Apple's mistakes. And to show it is back on track, Palm is now offering developers a sneak peak at what's coming soon in PalmOS 5.
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