Comments on: Palm Reports Q1 FY09 Results

Palm, Inc. today reported that total revenue in the first quarter of fiscal year 2009 was $366.9 million. Smartphone sell-through for the quarter was 1,029,000 units, up 49 percent year over year. Smartphone revenue was $333.8 million, up 10 percent from the year-ago period.

"I'm pleased with our momentum as we work to re-establish Palm as the leading innovator in the smartphone marketplace," said Ed Colligan, Palm president and chief executive officer. "While we're still in the midst of our transformation and have challenges ahead, we are bringing outstanding new products to market, hiring world-class talent and preparing to launch a new platform that will usher in a new era at Palm."

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what the hell...

Gekko @ 9/18/2008 3:49:42 PM # Q

so we only lost $42M.........

RE: what the hell...
Gekko @ 9/18/2008 3:50:35 PM # Q
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5 Hours Later

PacManFoo @ 9/18/2008 4:36:23 PM # Q
5 hours later and I'm the third post, OK, Gekko posted twice. It's rather obvious that no one really cares about Palm one way or another anymore. I'm not even sure why I care anymore other then just old habits are hard to die. Anyway, congratulations for surviving another quarter! Wake me when Nova's out.

The last known classic PDA user.
I've recently upgraded from a PLAM TX to a Newton MP2000!
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Wait ... what?

mikecane @ 9/18/2008 5:57:49 PM # Q
Palm is *still* around?

Naw. This is April 1st, right?

RE: Wait ... what?
SeldomVisitor @ 9/19/2008 3:04:49 AM # Q
> Palm is *still* around?...

Given the rather negative words they obfuscatingly said about the next [couple? few?] quarters...:

== "...We are looking forward to these exciting developments but
== we've got challenges to manage over the next two quarters,
== given the maturing Centro lifecycle and the time it will
== take to ramp our Windows Mobile based product sales worldwide..."

...April 1st might just be about the time to check again...

[btw - that "two quarters" up there is exactly the type of Colliganesque talking that makes me look sideways at anything HE says - he knows that Palm cannot project out more than a couple quarters (indeed, I vaguely remember him saying something right along that line) but that the chances of "going positive" WITHIN two quarters are bleak. So he uses "two" as if there is some magic turnaround just around the corner...had one of the "analysts" pressed him on that apparent optimism he would have hemmed and hawed and admitted a lack of ability to know]

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