According to PC World people shouldn’t let the past glories of Palm cloud their judgment when it comes to viewing how the Pre is likely to affect the company. In its heyday, Palm was a massive company with popular products in the PDA market. Its fortunes suddenly changed when competition grew and PDAs went out of style.

PC World reports that the Pre is only the next big thing in a very limited way and backs up that claim with five points. PC World says that Palm is now a basically a startup with nothing but the name in common with the Palm of yore, reason five on its list.

Reason four is that the ability to run multiple applications at once is something most smartphones, except the iPhone, can already do. Reason three is that Palm as it is today has little experience with developers and this will be an issue when trying to build applications for the Pre.

Reason two according to PC World is that the Pre keyboard could be its undoing. The top reason says PC World is that Palm lacks the financing to compete with larger companies and that could be an issue. I expect Palm has the money on hand to build enough Pres to meet demand. What do you think?

[via PC World]