With revenue falling to the level of egregious, Palm may need a Christmas miracle to stay afloat next year.
The latest dose of bad news? Palm income for the fiscal second quarter, which ended last week, will be only $ 190 million to $ 195 million, the company announced next Monday from the Dec. 18 conference call. Wall Street analysts were expecting Palm to record $ 331 million in revenue, a surprising 41 percent difference caused by the decrease in demand for the smartphone maturity and handheld products, "Palm said in the press.
Palm last week revealed plans to cut workers and refocus the business because it copes with the poor economy and strong competition from the likes of Apple and Research in Motion. Palm Treos after the's very popular, but they have a positive view of the ancient and the new iPhone, such as BlackBerrys and Heavy Storm. If it was not for Palm Facility - which is not really any damage to the land on the software front, but that cost $ 99 - Palm may have died.
Property companies will be determined by a race against time: if Palm can get products that use the operating system Nova - which is scheduled to arrive in mid-2009 - before the sale in the market Treos dwindle to zero, have the opportunity to return to the roost at the top of the mobile computing world. If not, Palm is stuck in some time and can not be out of it.
[cnet news]
The latest dose of bad news? Palm income for the fiscal second quarter, which ended last week, will be only $ 190 million to $ 195 million, the company announced next Monday from the Dec. 18 conference call. Wall Street analysts were expecting Palm to record $ 331 million in revenue, a surprising 41 percent difference caused by the decrease in demand for the smartphone maturity and handheld products, "Palm said in the press.
Palm last week revealed plans to cut workers and refocus the business because it copes with the poor economy and strong competition from the likes of Apple and Research in Motion. Palm Treos after the's very popular, but they have a positive view of the ancient and the new iPhone, such as BlackBerrys and Heavy Storm. If it was not for Palm Facility - which is not really any damage to the land on the software front, but that cost $ 99 - Palm may have died.
Property companies will be determined by a race against time: if Palm can get products that use the operating system Nova - which is scheduled to arrive in mid-2009 - before the sale in the market Treos dwindle to zero, have the opportunity to return to the roost at the top of the mobile computing world. If not, Palm is stuck in some time and can not be out of it.
[cnet news]
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