Just a quick reminder that entries must be in by tonight at 12:00 PST in the Celebrate With Palm Contest. To enter, you must be a fan of Palm's Facebook page and submit the final line to the xkcd comic strip. The final line should be 50 words or less. Submit your dialog, along with your first and last name, email address, date of birth and Facebook profile ulr to celebrate2009@palm.com by tonight. Good luck to all and hopefully I'll see one of our readers in Vegas for that Palm new-ness we've all been waiting for...

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Palm is once again creating buzz, only this time it surrounds what every Palm user has been waiting for and that's Palm new-ness. With Apple's iPhone dominating the consumer market and RIM leading the US smartphone market overall, Palm's announcement is seen by many as the last stand from the company that started the entire smartphone craze years ago.

The announcement on January 8th will not be a new color for the Centro or even a Sprint Treo Pro. No, this event is much bigger. Private equity firm Elevation Partners has invested over $325 million into Palm and has also brought in new talent, plenty of which has come from Apple. As someone who remembers the dark days of Apple, the similarities between the two companies are striking. They are even modeling their plan of a comeback on Apple, where marquee products led to financial success. Roger McNamee, one of the chief financeirs and founders of Elevation Partners, says the products will be different than anything on the market. iPhones excel at entertainment, while RIM is best at email. McNamee says Palm will create devices that will "help consumers meld work and play". 

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