It was for IBM, by abandoning trying to compete with DELL selling zero margin laptops to home users and sticking to selling $Bn systems to $Bn clients for $Bn they have a recipe for making $Bn
This is Palm we're talking about. I don't know about you, but when I hear "Palm", I immediately think of people in suits and ties squinting at little screens to see where their next meetings are. Palm traditionally sold products to business people.
If memory serves, before RIM moved in, Palm owned the enterprise handheld market. They could do it again if they tried.