Will the Palm become a Pod?

Speculation that Apple plans to buy handheld maker Palm has been revived by a call from two leading Palm investors for the company to be put up for sale, according to the local paper of both companies.

Mike Nelson, who owns eight per cent of Palm shares, argued that the company is poorly equipped to dominate the market for smartphones which are beginning to eat into sales of traditional PDAs, reports Siliconvalley.com , online edition of the San Jose Mercury.