iPhone Headlines News (Free subscription) | 10 hours ago
Palm Inc. (PALM) issued preliminary fiscal second-quarter sales far below analysts' estimates as the company struggles to revitalize its line of smartphone and wireless devices at a time of slumping demand and heightened competition in the smartphone ...
MobileTopSoft news board (Free subscription) | yesterday
Found under: palm , industry , treo , centro , Embattled smartphone maker Palm Inc. formally unveiled Monday its plans to cut operating costs as the company reported weaker revenues amid worldwide economic problems. To save 20 million in operating costs Palm said that that it will cut its workforce in the US consolidate European operations and shift responsibility for Asia...
Peter O'Kelly's Reality Check (Free subscription) | 10 hours ago
Uh oh… Palm Inc. said late Monday it expects revenue for its fiscal second quarter to come in below Wall Street expectations and plans to cut quarterly expenses by $20 million. The maker of the Treo smart phone forecast revenue of $190 million to $195 million, compared with analyst estimates of $330.8 million, according to Thomson Reuters. That would mean a revenue decline of at least...
Market Watch (Free subscription) | yesterday
Palm Inc. warns that revenue for its second fiscal quarter will come in well below Wall Street's expectations as the weakening economy "has greatly intensified" the already slowing sales of its smartphone devices.
InformedTrades (Free subscription) | yesterday
SAN FRANCISCO (MarketWatch) -- Palm Inc. said late Monday that it expects fiscal second-quarter revenue to drop from the year-ago period, and seeks...
Market Watch (Free subscription) | yesterday
SAN FRANCISCO (MarketWatch) -- Palm Inc. said late Monday that it expects fiscal second-quarter revenue to drop from the year-ago period, and seeks to cut costs over the rest of the fiscal year. Palm said it expects second-quarter revenue of $190 million to $195 million, well below $349.6 million a year ago, because of "reduced demand for maturing smartphone and handheld products."...
bizjournals (Free subscription) | yesterday
Wireless smartphone maker Palm Inc. said Monday it is cutting its work force and consolidating offices, and expects second quarter revenue in the range of $190 million to $195 million and restructuring costs of $7 million to $9 million.
Boston Globe (Free subscription) | yesterday
Palm Inc. says it expects revenue for its fiscal second quarter to come in below Wall Street expectations and plans to cut quarterly expenses by $20 million.
Reuters UK (Free subscription) | 13 hours ago
* Sees Q2 revenue $190 mln-$195 mln* Wall Street sees Q2 revenue $299 mln-$363.4 mln* Sales hurt by weak demand, economy* Reducing headcount, to cut operating expenses by $20 mlnSAN FRANCISCO, Dec 1 (Reuters) - Struggling smartphone maker Palm Inc (PALM.O: ) said Monday it expects fiscal second-quarter revenue to come in well below Wall Street's forecast, as the worsening economic climate exacerbates...
MobileTopSoft news board (Free subscription) | 11/27/2008
Found under: palm , garnet , warranty , EOL , Palm Inc. has pronounced the Treo 680 successor to the Treo 650 as an EOL end of line product. Citing the latest issue of the Palm Channelsource newsletter Palm Infocenter reports that Palm Inc. included the Treo 680 in a list of accessories also included as EOL. Treo 680 runs on GSM networks. It has a 320...
Tech Confidential Blog (Free subscription) | 11/24/2008
One of the last times we wrote about struggling smart phone maker Palm Inc. [PALM], we reviewed how the 2007 investment it had received from private equity firm Elevation...
SeekingAlpha CE Stocks (Free subscription) | 11/25/2008
Tech Confidential submits: One of the last times we wrote about struggling smart phone maker Palm Inc. (PALM), we reviewed how the 2007 investment it had received from private equity firm Elevation Partners would probably not be enough to save it . A cash infusion, and even some substantial management changes, seemed insufficient to address the lack of innovation that over the...
Business Wire (Free subscription) | 11/24/2008
CINCINNATI--(BUSINESS WIRE)--According to a Reuters report yesterday, smartphone maker Palm Inc. (NASDAQ: PALM) is the latest U.S. firm to announce job cuts. Company spokeswoman Lynn Fox reported that layoffs will
MobileTopSoft news board (Free subscription) | 11/25/2008
Found under: palm , treo pro , latin america , Palm Inc. today revealed that its Treo Pro smartphone is now available in seven Latin American markets. The erstwhile market leader said that its latest smartphone offering is now being sold by three carriers in Argentina. The Treo Pro is also available in Chile through Entel in Costa Rica through ICE in Guatemala through Claro and...
Digital Trends - Most Recent News (Free subscription) | 11/24/2008
Struggling PDA and smartphone maker Palm Inc. has reportedly laid off as many as 200 employees from its U.S. workforce, after the company reported its fifth consecutive quarterly loss. Sources within the company indicate Palm will also be trimming staff from its international operations in a move to cut costs and improve its financials as it struggles to bring new Windows Mobile...
