Palm Adds to Dominant Lead in Europe

>> Sony is still better. Europe just doesn't realize it yet. Sony Rules!!!! <<

Apparently, lots of people don't agree with you. But then, you probably base your assessments simply on the tech spec superiority of the Sonys and ignore other elements considered by consumers. All those Europeans are presumably more focused on other aspects of the "buying equation."

You're perfectly entitled to your opinion, and to your narrow focus. But it is a bit insulting to suggest that "Europe doesn't realize it" simply because they don't agree with your narrow-minded assessment.

"I dunno my friend. As a Sony owner (S320)I'm starting to wonder. Low market share. And now, what...down to three models to choose from? I'd like to upgrade to a color model that won't make me suicidal if I drop it on the factory floor. What can Sony do for me? Nada.
I'll wait a couple more months to see if Sony wants my business or just the business of those who want a mp3 player that takes lousy pictures and keeps phone numbers. If not, I'll rejoin our Palm-owning friends here on PIC. Afterall, the numbers are on their side."

He's got a good point


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I am lost. But I am going to find myself. So if I return before I get back, please ask me to wait.

I can confirm this for the Netherlands.

Few Sony models available, usually months after international introduction or even longer.
Prices sky high.
No periphs.

Over here, Palm competes with Compaq.

Cheers,
Jan

/*
One thing a computer can do that most humans can't is be sealed up in a cardboard box and sit in a warehouse.
*/

Oh yes, you'll be stone dead in a moment.

-- Monty Python (the next line in that scene)

Hmmmm

Cheers,
Jan

/*
One thing a computer can do that most humans can't is be sealed up in a cardboard box and sit in a warehouse.
*/

I agree 100%. Why don't we split the $16 difference by letting you buy my shares for $12. That should give you at least $8 profit for each share based on your analysis. I've got as many shares as you want (and can get more). Let me know.

Palm's stock is worth 15% more than it was 2 weeks ago.

At this rate, it will take 600 years for it climb up to $20/share.

With it's price per share at $3.54, Palm's market capitalization is $2 billion. A common method for valuing stock is computing a P/E that is consistent with similar companies. This is tough to do because Handspring and RIMM don't have significant earnings with which to compute a P/E.

Palm's best perfomance was its fiscal year ending June 2000 when it generated around $45 million net income. Even picking a very high number, say 10x the performance of that best year, would bring annual net income to only $450 million. If you use a realistic P/E (~30) that gives you a stock price of around $24 or a market capitalization of $13.5 billion.

I'm aware that Palm was at an altime high of around $100/share after the day of its IPO, but those days of atronomical P/E ratios are over.

It is possible that market hype about exploiding numbers of PDAs/smartphones all using PalmOS could creat a ferver for Palm's stock, but its tough to justify a price over $24...at least until it looks as if Palm can do 10x better than it did in 2000.

doesn't it need a product with oomph to pump up earning again?

> This is also an increase of 1.6 points over the same period a year ago.

You do realize the global handheld market grow 17% in 2001 do you? so obviously somebody else get the rest of the growth.

eh hmmm.......

hint: december throught january, 1.6 pts [compared] over 'a year ago'

to get what you assert, at least palm need to increase the two months sale around 17% area compare to last year just to keep up with overall global growth pattern.

oh well.

Now for next questions:

-is the country breakdown indicating growth for each or just netherland? where are the comparative data between the two years.

-is the percentage indicating unit sold or revenue? If it is unit sold, than Palm is VERY toast, since that mean people increased spending that much more money on non Palm items. If it is revenue (Somewhat better in term of market share but lousy financially, selling more for less money)

Let me take a stab at expaining the elementary to our one pitiful, yet courageous troll.

It is SHARE that is talked about. Let me illustrate.

Pie has 4 slices, if I eat one that is a 25 percent share of the pie.

Now if I get another pie that is TWICE as large, has 4 slices and I eat one, my "share" of this pie is exactly the same, 25 percent, but since the pie is larger my slice is twice a large as the one from the smaller pie.

If the WW figures for growth in PDAs hold true for europe this would mean Palm grew by more than 17 percent overall
Do you get it now?

awe, look how everybody is so happy.....:-D

read the original press release, 1,6% increase in ratio (market share), not "unit sold" in the month of Dec.-Jan. compare to last year.

so we are talking probably around 40-60K unit. Hey good for palm.

> is the country breakdown indicating growth for each

No, that's the percentage of the total for each country. So in Germany, 49% of all handhelds sold were made by Palm.

No, that's not the case. If there are news good for PPC, they will beat their drums and sing so that they make sure anyone hears them. If there are bad news for PPC (good new for Palm), they will try to neglect and talk about something else. The worst is Gartner, the so-called independent research firm, whose research is based on its boss.

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Lie is the future.

Troll! Troll! Troll!....

Just kidding.....