Review: Proporta TurboCharger 5000 External Emergency Charger Battery Pack
Palm reported a drop in earnings for its fiscal 2010 second quarter, but the handset maker hopes news about an updated webOS will encourage the market. Total revenues for Palm’s second quarter were $78.1 million, with gross profits of $5.5 million. The company’s stock slid 10 percent as the company’s new operating system and phone lineup failed to perform as well as expected. Palm shipped 783,000 smartphones during the quarter, a five percent decrease from the first quarter of fiscal year 2010. Smartphone sell-through for the second quarter was 573,000 units, down 29 percent from the first quarter and down four percent year-over-year. But there is good news for Palm. The company had a 41 percent year-over-year increase compared to the second quarter of fiscal 2009. “Palm clearly did much better than expected in the course of 2009,” said Michael Gartenberg, a vice president at Interpret. “This time a year ago, people were pretty much writing them off. Palm continues to manage to maneuver in those very narrow straits and has delivered new devices this year.” ‘Early Stages of a Long Race’ Jon Rubinstein, Palm’s chairman and CEO, said the company is continuing to execute strongly against its long-term strategy with the delivery of Palm Pixi, new wireless carrier launches completed this quarter, and the upcoming opening of Palm’s full developer program. “We’re still in the early stages of a long race, and we’re energized by the opportunity to compete in this exciting market,” Rubinstein said. “We remain confident that Palm’s innovative product-design capabilities, integrated cloud services, and the differentiated and delightful Palm webOS experience will provide the foundation for our sustained success.” Palm is competing in an increasingly crowded market that’s seeing Google Android-powered devices gaining momentum. Motorola launched the Droid with Verizon Wireless in November. Samsung and HTC are also pushing Android devices, and Google…
View post: Palm’s Results Still Good, and webOS Update Is Coming
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mona mccallum