Forbes magazine reported yesterday that Verizon and possibly Sprint Nextel will begin to offer the Palm OS replacement for the Treo 650 in May. The new phone will feature an EVDO radio.

The article also said that Palm would ship low-end Treos costing about $200 each sometime next year, and that the $700 Windows Mobile version previously reported would be a higher-margin product for Palm.

A post on Engadget reported that a leaked analyst report said a thin 3G Treo without an externally visible antenna codenamed "Hollywood" is in the works. It also referenced a lower-end device called "Lowrider," which the blog suggested might be the $200 Treo mentioned by Forbes.