But as the vicious cycle of new becomes old, and old becomes new again proves, these legacy brands never truly die - especially when there's money to be made.
Why it matters: After seven years, the Palm brand is being resurrected with the introduction of the Palm phone. The mini phone syncs with your regular smartphone (either Android or iOS), which means that the devices share the same number and both receive calls, text messages, and other alerts. The device will debit later in November in the US exclusively on the Verizon network for around $349 or an extra $25 a month on your phone bill.
Smartphone users of the past remember Palm as one of the frontiers in mobile devices. The Palm is different from other Android-based phones though. The Palm is a companion phone for when you want to leave your primary phone behind for x, y or z reasons, but mostly for times when you want to rewind.
From the design perspective, this new Palm device looks like the iPhone but in a compact form factor.
Smartphones are getting so big that many don't even fit in a back pocket anymore, and we're not even talking about the "XL" models.
Despite its small size, the handset runs a full version of Android 8.1, Snapdragon 435 processor, 12MP rear camera and 8MP front, with 3GB RAM and 32GB storage. The Palm Phone is a tiny phone.
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For now, you can't exactly use the Palm on its own.
There is a feature added to this device, called Life mode, which turns on the do not disturb mode on the device and the user won't be receiving call or notifications. While it might be missing an audio jack, the phone does offer Bluetooth connectivity and it apparently has a battery life of up to 8 hours through its 800mAh battery. All notifications are turned off and incoming phone calls are denied.
The Palm Phone also comes with Google Assistant that can be accessed quickly by double-pressing the side button.
You can even unlock the Palm with facial recognition and download your favorite apps.
With a 8cm display, it's just 0.2-inches smaller than the original iPhone. Because Palm is powered by the Snapdragon 435, it has an integrated Qualcomm Adreno 505 GPU, which is created to process realistic scenes and subjects captured by the cameras at low power.