Comments on: Benhamou Predicts 10% Annual Handheld Growth

Palm interim CEO Eric Benhamou said yesterday that worldwide sales of handhelds will grow only 10% this year, which is lower than industry analysts have said. Palm announced last month that it wouldn't meet its sales goals for this quarter and blamed the shortfall on slowing worldwide demand for handhelds. Mr. Benhamou predicted that analysts, once they have had a chance to look at sales figures for the first part of this year, will lower their expectations for handheld sales growth, too.

 Typo

I.M. Anonymous @ 6/12/2002 8:35:16 AM #

Ed, did you mean "isn't as simple" instead of "isn't a simple"?
Greetings, a german reader

 RE: Typo

Ed @ 6/12/2002 9:57:31 AM #

Thanks.

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News Editor

 Circular predictions...

Sartre @ 6/12/2002 12:42:30 PM #

Is it just me, or is there something humorous about a company predicting what analysts will be predicting about the company's products?

 RE: Circular predictions...

I.M. Anonymous @ 6/12/2002 5:35:40 PM #

Well I sometimes think these guys pull numbers out of thing air. Palm has a reputation of makikng predictions about revenue, growth etc.. only to discover that they were way off a few months later.