Palm to update handheld, cut prices

"'The Milpitas, Calif.-based hardware arm of Palm, called Palm Solutions Group, will announce Wednesday the release of the Tungsten T2 device, which is a follow-on product to its Tungsten T handheld, according to sources.

The new device will be available starting Wednesday and will cost $399. The line will continue to stress multimedia capabilities by including a built-in digital audio player and speaker, but it also comes with twice the memory, 32MB, of the previous Tungsten T model. The device will use Texas Instruments' 144MHz OMAP1510 processor and version 5.2 of the Palm operating system. The Tungsten T2 will come with a color screen that has a resolution of 320 pixels by 320 pixels as well as integrated Bluetooth technology--which will allow the device to connect to other portable devices, such as phones and notebooks."

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