Ed Colligan says palm can make it work; Yours Truly has faith, industry? Not so much

21741-1156895272151-200_150.JPGI recently gave you a primer on the Palm operating system for smartphones, and John lamented the possibly pending passing of palm, and now Palm itself speaks up with news for us.

Or at least Palm’s CEO, Ed Colligan, who’s promising investors that Palm’s on a course to turn around in the near future. Saying that it’s streamlined its operations (read: layoffs) and focused on future products (read: Centros, Treos), he’s confident that Palm can turn it around.

We’re hoping so. Palm’s a watershed company, and if it does have to shutter, the ripples will be felt throughout the Valley for awhile yet.

Palm CEO: “We’re working on it” [RCR Wireless News]