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Palm set to trim handheld prices

Palm will cut the prices of five of its six handhelds by up to 34 percent on Thursday, c|net reports. The m105 will be reduced from US$149 to $99, the m125 from $179 to $169, the m130 from $279 to $249, the m500 from $299 to $199, and the i705 from $449 to $399. The m515 will remain at $399. Palm said the price cuts are not an attempt to clear out inventory, but merely a way to spur sales during what is traditionally a slow seasonal buying time.

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