It looks like it’s the end of the road for Palm. Analysts are not very optimistic about the future of Palm, citing that the company’s cash burn rate is through the roof and out of control due to setbacks.

Palm is the creator of perhaps my favorite smartphone ever, the Palm Treo 650. Unfortunately the people at Palm have no idea how to run a company because the company has split then reacquired itself numerous times instead of making any type of new innovation in their phones in the last 5 years.

Hopefully they can get their act together and continue to make history assuming they can launch Palm OS 2 without any further delays.

Sprint’s website is noting that the Palm Treo Pro will be arriving to the service sometime in the future. There is no official page for the phone, which is currently available only in Europe. However, it was spotted in a product drop-down menu. If you are holding out for the stateside release before you upgrade your Sprint contract, note that the similar 800W model is available now. The Pro is just slightly thinner with a nicer battery.