Comments on: Palm Quarterly Revenues Up 36%
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RE: But.................
RE: But.................
When OS 5 comes out hopefully things will surge again.
God knows I'm not buying a PocketPC anytime soon. Id rather carry a spiral notepad and a ballpoint pen.
RE: But.................
Revenues were down 44% as compared to the same quarter last year, yes. But they are up 36% as compared to last quarter. Don't forget, we live in a very different world from last year. At that time, the longest economic boom in U.S. history was still going on. Now we are in a recession. You can't blame Palm for that.
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News Editor
RE: But.................
RE: But.................
Well, it did for me! I could have purchased a Palm IIIc or a Prism but chose to wait for the m505 because, well, of its shell!
Tell you what. If they made a color model within the m100 shell I would strongly consider getting one. (esp. if it had 16 mb of memory, rechargable batteries, and a low enough weight).
RE: But.................
RE: But.................
Go on believing that your PalmPilot or Palm III is just the same as a m505 or CLIE or Prism, but please stop bashing other people.
I´m sure these a+++oles will say that OS 5 has nothing new compared to OS 4 and that PPC 2003 will win the war :-(
You should go to a porn site and leave this forum for those who are interested in increasing knowledge on handhelds, accesories and software...
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AriB
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> accessories, $11M from Palm.net, $5.5M from OS
> licenses (NOT INCLUDING PALM BADGED GEAR!)
OK. Now how much did Handspring and Sony sales come to in that quarter? As I've said before, had Palm just kept the OS to themselves, they would STILLl be in great shape despite what has happened in the past year.
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The trolls always have the last laugh...
YIPEEE!!! We ONLY lost $36.6 million!!!!!!
RE: YIPEEE!!! We ONLY lost $36.6 million!!!!!!
RE: YIPEEE!!! We ONLY lost $36.6 million!!!!!!
My question is, how much longer can Palm keep burning money and stay in business???
RE: YIPEEE!!! We ONLY lost $36.6 million!!!!!!
And FWIW Palm has only lost money in the last couple of quarters. Not like Handspring who are still burning since day 1 of their operation... and many, many other tech stocks. Also 36M is a small percentage of revenue for Q2, so as it turns around even more over the next 2 Q's will see Palm back in the black. I've got some money on that, and very happy with the investment (actually I'm already in front!)
RE: YIPEEE!!! We ONLY lost $36.6 million!!!!!!
Loss of 6 cents per share = 36 million
Wall Street predicted a loss of 7 cents a share = 43 million
They did 7 million better than anticipated. That isn't too bad considering the economy.
RE: YIPEEE!!! We ONLY lost $36.6 million!!!!!!
RE: YIPEEE!!! We ONLY lost $36.6 million!!!!!!
RE: YIPEEE!!! We ONLY lost $36.6 million!!!!!!
RE: YIPEEE!!! We ONLY lost $36.6 million!!!!!!
Go on trolls... "out" yourselves! I dare ya!
RE: YIPEEE!!! We ONLY lost $36.6 million!!!!!!
Licensing the OS to Handspring and Sony was a fatal mistake.
The trolls always have the last laugh...
RE: YIPEEE!!! We ONLY lost $36.6 million!!!!!!
Profitable by June
This appears to have been music to Wall Street's ears. Palm's share price is up over 10% today.
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News Editor
RE: (Palm won't be) Profitable by June
Palm makes around 95% of its income from hardware sales, so every percent in market share they lose to Handspring and Sony hurts the bottom line. The only way Palm could become profitable would be if they suddenly no longer had any competition. I'm willing to bet you $10 (payable to my favorite charity) that Palm will NOT be profitable in six months. In fact, I expect the company to be sold sometime next year. If you're willing to take the bet and lose, just donate the $10 to your favorite charity. (No, not Palm...)
- Trolly
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The trolls always have the last laugh...
RE: Profitable by June
RE: Profitable by June
> release of higher tech models.
During the conference call, Palm said the main factor contributing to their revenue growth was unexpectedly high sales of the m100 and Vx, low-tech models. During a recent week, Palm saw a 166% increase in sales, primarily due to heavy sales of the Vx. For comparison sake, during that same week Sony sales increased 61%. That was the first week the T415 was available.
With this evidence, we have to consider the possibility that with the current Recession, low-end, low-cost handhelds are going to be far more in demand than high-end, high-cost ones. While this has long been true, the weak economy seems to be adding to it.
What this will do to the handheld market is anyone's guess. But it is too early to say that Sony's ability to release three high-end handhelds in a year, as opposed to Palm's two, automatically gives it a winning edge.
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News Editor
RE: Profitable by June
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