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    Comments on: Handspring Reports Amazing Revenue GrowthHandspring has just announced the results for its fiscal quarter and revenue rose a phenominal 632% to $115.6 million from $15.8 million a year ago. It increased 64% from the previous quarter. Strong holiday demand for Visors and continued channel expansion in the U.S. retail market, along with new distribution channels in Asia all contributed to the strong quarter. Dispite the strong revenue, the company reported a loss, excluding special items, of $7 million, or 7 cents a share. The analysts' consensus was that they would lose 16 cents. Handspring's gross margins increased to 31.4%, up slightly from the prior quarter.
Detailed Comment View (3 Total Comments)
The following comments are owned by whoever posted them. PIC is not responsible for them in any way. login or register for free in order to post comments.  One Succesful CompanyJohn Shehata @ 1/16/2001 10:10:10 PM #
Its nice to see that they are doing well. I think that you are looking at the next Dell for the palm OS. Toghether, they make a great product.
And yetGrouchoMarx @ 1/18/2001 2:54:15 AM #
And yet, despite amazing sales growth, they are STILL losing money. All Visors lack FlashROM and have less-than-top-of-the-line screens, which are the two most expensive components. How can they still be operating on margin and ever hope to be successful in the long run? How do companies think they can survive by losing money? More importantly, how do investors and buyers think a company can survive by losing money?
--GrouchoMarx
Yeah!Eston Bond @ 1/21/2001 10:27:25 AM #
The Palm OS is doing great. Yeah! Go Handspring!
Eston Bond
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