Palm's license to next-gen ALP to expire this December!

Trouble is a-brewing in Palm land. According to their most recent annual report, Palm is pulling out of a co-development agreement they had with PalmSource (now Access) in regards to the next-generation of Palm OS. They're obligated to pay through December 2, 2006, but they're stopping the multi-million dollar royalty payments after that due to a failure by PalmSource to meet certain promised milestones. Of course, milestones or no, a lack of royalties means a lack of a next-gen OS license to pep up our Treo. Palm states that they will keep producing new products based on the current version of the OS, and are "presently in negotiations with PalmSource to expand our development and distribution rights to the current version of the Palm OS." This would seem to imply that Palm wants to try their hand at their very own branch off of Palm OS 5, but if that were the case it would mean we're in for some more waiting -- the practice of which Palm users must be pretty good at by now.

[Thanks to everyone who sent this in]