Tech Trader Daily points out two especially pessimistic and negative research notes on Palm today. Needham's Charlie Wolf, who has covered the company for a long time, remarks that Palm has "lost its way." He goes on to say "it's an open question whether they'll be successful" in reference to the new operating system.

Nomura's Andrew Beswick is even gloomier, writing today that "all the signs are there that Palm may not be long for this world." He says Palm does not offer enough devices or distinguishable variants, and asserts that the features of its phones are not upgraded fast enough.

Deluxeware has released an update to its popular Pool Deluxe billiards game for Palm OS devices. Pool Deluxe features excellent 3D graphics, realistic physics, intuitive controls and smooth gameplay. It has a number of different games built in including 8-ball, 9-ball and other pool variants. You can sharpen your skills in practice mode, or play against friends or the computer in the challenge modes. The game also features precise cue adjustment control, realistic sounds effects and an assortment of different table designs. The game also supports high-res and high-res+ landscape modes.

Pool Deluxe v1.45 for Palm OS is available now for $24.95. It is currently on sale for $17.95 through the end of the month. It is compatible with Palm OS 5 and higher color devices.

PhoneSwitch is a simple utility that allows you to program custom actions on your Palm OS based smartphone when it is hung up. You can have it redirect to either a preset application or have it switch to the last program you were using. PhoneSwitch Deluxe also offers advanced options such as: an exclude list that allows you to exclude a program from being switched to after a call, an option to only launch the specified app if the call is incoming, and the option of resetting the set app to a preset one after a set amount of time. New features in this update include the ability to bypass an action if a call is ignored, an option to lookup contact for "bypass if caller unknown" and a new third party developer api.

PhoneSwitch Deluxe v1.3 for Palm OS is available now for $8.00. It comes with a free trial period.

Palm today announced the Palm Centro smartphone is now available to StarHub mobile customers in Singapore.

"Over a million units of the Palm Centro have been sold, and its already-rapid momentum is set to grow globally," said Olivier Rozay, Palm's regional director for Asia Pacific. "Working with StarHub, we are confident that even more feature-phone upgraders will soon discover why Centro has become so popular. A superior phone that incorporates a touch screen and a full QWERTY keyboard, Centro is a smart and feature-packed value."

Palm today released its Form 10-Q Quarterly report documents. The filling reveals that Palm lost $57 million dollars in the previous quarter, up from the $31.5 million which was previously reported.

Palm took an additional $25 million write-down charge for its auction-rate securities that have since lost value with the current problems in the debt and credit market. The Wall Street Journal recently published a report on the current problems with auction-rate securities and the tech industry which mentioned Palm.

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Quickipedia for Palm OS is a handheld client for accessing and reading the Wikipedia online encyclopedia. The app allows you to access the millions of articles and entries on Wikipedia quickly and easily through your device in a native Palm-friendly package.

Read on for Kris' review to see if there's still a place for a dedicated Palm OS client software package in the age of the mobile internet to try and tame the jungle of information that is Wikipedia.

MotionApps has released v1.0.3 of its mTools utility suite. mTools includes eight useful applications for improving Treo/Centro productivity and making your everyday smartphone usage easier and more productive. The app includes a card manager, volume booster, battery saver, backup and restore functionality, a remote lock, file manager, start menu launcher and a built in google web search tool. You can checkout a video demo of it in action after the break.

mTools v1.0.3 for Palm OS comes with a free trial period. The software costs $19.99 if you decide to keep it.

Palm announced the availability of the Centro in Mexico earlier this week. One small detail that may have been overlooked in the press release was that Palm would be offering a new blue version of the Centro to customers in Mexico via Movistar and Telcel.

After much searching our amigo's at Palm were able to send us a high resolution shot of the Mexican Palm Centro in Blue. Unfortunately, Palm is only offering the blue Centro south of the border at this time and isn't commenting on its possible future availability elsewhere. Read on for a full sized pic...

Opera Software has released a new beta version of its Opera Mini web browser. This release includes several new features, including automatic completion of web addresses, tools for attaching files to web-based email; support for file and photo uploads; downloading attachments from email for storage on your phone; and saving and viewing pages offline. Users can download the v4.1 beta by visiting mini.opera.com/beta via your phone's browser.

In order to use Opera Mini on Palm OS you need to have the Palm Java Micro Environment installed. Since Palm no longer distributes the JVM you need to already have it installed or find an alternate source (download link) for it online.

Hobbyist Software has released an update to its popular Power Hero utility for Palm OS. Power Hero is designed to help you get the most out of your battery life. It features automatic power-saving features, customised scheduling, auto-bluetooth, a power-use console and handy shortcuts to easily control the power-using features on your Treo directly from your launcher. A full list of updates can be found in the changelog. Highlights include various log file improvements, memory optimizations and several UI changes and fixes.

Power Hero v1.18 for Palm OS is available now for $14.95. A free trial period is included with the demo. It is compatible with the Treo 650, Treo 680, Treo 700p, Treo 755p and the Palm Centro.