Posts Tagged ‘Wireless Palm’

Palm posts third quarter results: disappointing sales, more net loss

Friday, March 19, 2010 11:20 No Comments

By Tim Conneally, Betanews

Palm Pixi Plus

Late in February, Palm issued a shareholder warning which said that profits for the full year were going to be “well below” expectations due to a surprisingly slow demand for Palm’s smartphones.

Today, the company issued its third quarter earnings report, and though the numbers were actually up against the same quarter last year (when Palm posted a net loss of million,) the company is still losing money; million to be exact.

This was posted under category: Mobile Phone News Tags: , , , , , , , , , , , , , , , , ,