News Articles

Friday, March 19, 2010

Palm admits disappointment with recent performance

PalmPalm published its latest quarterly results yesterday, noting that the number of mobile phones shipped was up but the number bought by consumers was down.

The company shipped a total of 960,000 smartphones during the three-month period that ended 26th February 2010. This was up 23% on the previous quarter and almost 300% up year-on-year. However, device sales for the quarter were 408,000 units, down 29% from the previous quarter and down 15% year-on-year.

Jon Rubinstein, Palm's chairman and CEO, said "Our recent underperformance has been very disappointing, but the potential for Palm remains strong. The work we're doing to improve sales is having an impact, we're making great progress on future products, and we're looking forward to upcoming launches with new carrier partners. Most importantly, we have built a unique and highly differentiated platform in webOS, which will provide us with a considerable - and growing - advantage as we move forward."

Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Categories: NewsNumber of views: 1122

Tags:

Leave a comment

This form collects your name, email, IP address and content so that we can keep track of the comments placed on the website. For more info check our Privacy Policy and Terms Of Use where you will get more info on where, how and why we store your data.
Add comment

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«November 2024»
MonTueWedThuFriSatSun
28293031123
45678910
11121314151617
18192021222324
2526272829301
2345678

Archive

Terms Of Use | Privacy Statement