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  Handspring cuts prices, preps new device
Time: 02:40 EST/07:40 GMT | News Source: CNET | Posted By: Alex Harris

Handspring is trimming the prices of its existing handheld computers and preparing to introduce a new device, just as the handheld maker has been losing market share. On its Web site Friday, Handspring chopped the price of its low-end Visor Neo and Platinum handhelds by $20, to $149. The slim but largely ignored Visor Edge dropped another $30 to $169, while the 16MB Visor Pro dropped to $199. The cuts put all of Handspring's Visor devices at less than $200.

With the cuts, the Mountain View, Calif.-based company could improve its popularity among price-conscious buyers. Market share leader Palm has been dominant at the low end of the market. Handspring is also expected later this month to debut the $300 Treo 90, a device similar in appearance to its Treo 180 combination cell phone and handheld, but without the wireless modem, according to sources. The Treo 90 will have a color screen, version 4.0 of the Palm operating system and 16MB of memory.

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