Comments on: Palm Reports Q2 FY09 Results

Palm, Inc. today reported that total revenue in the second quarter of fiscal year 2009, which ended Nov. 28, 2008, was $191.6 million. Smartphone sell-through for the quarter was 599,000 units, down 13 percent year over year. Smartphone revenue was $171.0 million, down 39 percent from the year-ago period.

"We're working through an undeniably difficult period," said Ed Colligan, Palm president and chief executive officer, "but near-term challenges shouldn't overshadow the fact that we are on track to deliver a breakthrough new platform and products that will bring a truly differentiated smartphone experience to our customers and reestablish Palm as a leading innovator in the mobile industry."

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Centro 2M stall?

mikecane @ 12/18/2008 2:01:24 PM # Q
>>>Smartphone sell-through for the quarter was 599,000 units

Someone line up the dates. Does this include the two-millionth Centro? Or is it saying sales slowed dramatically after hitting two million?

RE: Centro 2M stall?
SeldomVisitor @ 12/18/2008 2:12:43 PM # Q
PALM =never= said Centro had 2 million sell-through.

Trust me on that one.

The Me-Too Media and every "analyst" and blog in the world did, true, but =PALM= NEVER said it.

RE: Centro 2M stall?
Ryan @ 12/18/2008 2:14:04 PM # Q
RE: Centro 2M stall?
SeldomVisitor @ 12/18/2008 2:34:38 PM # Q
Find the words "sell-through" from PALM anywhere.

RE: Centro 2M stall?
SeldomVisitor @ 12/18/2008 2:37:30 PM # Q
In fact - back then I also asked for the same thing:

http://www.palminfocenter.com/comments/7506/#144352

RE: Centro 2M stall?
mikecane @ 12/18/2008 5:24:10 PM # Q
Wait a minute. There was a CNBC video where it was said Palm SOLD 2M Centros. COLLIGAN said it.

http://tinyurl.com/52e2jl

RE: Centro 2M stall?
SeldomVisitor @ 12/18/2008 5:45:32 PM # Q
Do not confuse "sold" with "sold-through" or "sold-in".

"Sold" is purposefully ambiguous.

Palm =NEVER= said "2 million sold-through".

RE: Centro 2M stall?
FrequentVisitor @ 12/20/2008 9:05:19 AM # Q
Centros cannibalized the Treo sales and have now in turn been cannibalized by "smart" featurephones. Do the math on Palm's average price per unit sold the past 4 quarters. Centro was a Manchurian Candidate. Ironically, the Olive Sprint Centro just might be the BEST smartphone available. Anywhere. Trust me*

Carriers have also figured out that ARPU can be inflated with a feature phone as much as - if not more than - a Palm smartphone. Gack!

P.S. Over 2 M Centros HAVE been sold THROUGH. Trust me*




*Because I am Meegneh.



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Colligan's DEPENDING on generic demand

SeldomVisitor @ 12/18/2008 2:11:23 PM # Q
He isn't depending on PALM demand.

Let's see how THAT "plan" works out!


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Contrast and Compare

Gekko @ 12/18/2008 2:56:45 PM # Q
>Palm, Inc. today reported that total revenue in the second quarter of fiscal year 2009, which ended Nov. 28, 2008, was $191.6 million. Smartphone sell-through for the quarter was 599,000 units, down 13 percent year over year. Smartphone revenue was $171.0 million, down 39 percent from the year-ago period.

>RIM earnings climb as forecast beats estimates
Smart-phone maker still predicts strong growth in sales for year's end
Revenue grew 66% to $2.78 billion, with about 6.7 million devices shipped during the quarter.

don't blame the economy. it's execution.

RE: Contrast and Compare
AdamaDBrown @ 12/18/2008 4:20:58 PM # Q
RIM has services. It's that simple. Really their devices aren't that great, but they build an ecosystem around them: Enterprise Server, BIS, the whole nine yards.

With Palm, once you walk out the door you're useless to them. A just-launched apathetic app store, no real multimedia marketing deals, no ongoing revenue, etcetera, etcetera. If they want to make more money off you, they need to make you buy another device, and they can't do that.

RE: Contrast and Compare
Gekko @ 12/18/2008 6:51:03 PM # Q

i've been calling for palm services for a long time -

mypalm.com cloud - push email, desktop, apps, music, storage, etc.

nope, they want to be a commodity. and a commodity they shall be.



RE: Contrast and Compare
SeldomVisitor @ 12/19/2008 4:45:19 AM # Q
> i've been calling for palm services for a long time...

Me, too: http://tinyurl.com/colemanservices

RE: Contrast and Compare
mikecane @ 12/19/2008 5:16:54 AM # Q
Gekko: i've been calling for palm services for a long time

Yeah, but the kind YOU use would have gotten Palm tried for obscenity in seventeen states. Plus the Dominion of Alaska!

RE: Contrast and Compare
Gekko @ 12/19/2008 7:18:04 PM # Q

washy washy?

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Palm will bury you all.

FrequentVisitor @ 12/20/2008 8:51:32 AM # Q
Disclosure: My only interest in Palm is having owned a Palm III a decade or so ago and that was relegated to a long-forgotten drawer within months. Despite now having absolutely NO INTEREST in Palm I feel the overwhelming urge to comment here (hourly). I Plan to post here faster and more often than anyone else, even though I don't care about Palm at all. Now that Palm is spiralling down the toilet I've changed my tune and will stop bashing Palm 20 times a day. Instead I'll pretend to be a kinder, gentler, "Palm-friendly" stalk... ummm... poster.

Disclaimer: I have ZERO interest in Palm stock, I was never fired from Handspring/Palm and I do not post a dozen messages a day to the Yahoo Palm message board bashing Palm. I have never been banned from Treocentral for trolling the Treo fanbois and fangrrrls.

As a Palm-optimist I expect:

1) No more new PDAs from Palm. 3 years without a new PDA release is a hint for the fanbois and fangrrrls. OOPS!

2) Nova running consumer and prosumer line, WinMob running business line.

3) Smoke & Mirrors (S&M) show in 3 weeks. Palm will only announce PRELIMINARY OS development milestones. Remember the Foleo? Gack! Whatta game!

4) Another game changer from Apple in 3 weeks.

5) W.r.t. dates: slipping even further. Remember Cobalt? Foleo? Linux on Palm? ALP OS? History is the best teacher.

6) More departures from Palm HQ in January. 50 more axed? Gack! Skeleton crews work when outsourcing is king. The finger pointing, weeping and gnashing of teeth has begun. Those who have been forced out of Palm pre-Christmas (like last year?) paint an ugly picture of the Palm corporate culture:
"Inbred". "Clueless". "Stupid". "Confused". "Unfocused". "Hopeless". The sales force kiddies were apparently not Colligan believers.

7) A screenshot "leaked" from a certain Chinese "source" in a few days. Whee! Hang on!

8) The endgame from Elevation is mere weeks away. It will be the perfect ending for the Palm soap opera. Trust me*.


*Be Careful Out There!

Meegneh

RE: Palm will bury you all.
tompi @ 12/20/2008 9:29:12 AM # Q
"4) Another game changer from Apple in 3 weeks."

Game changer? From Apple? Are you kidding?

Apple takes other people's technology, puts it into a nice box, and puts their name on it. They've done this since the Macintosh, and the iPhone is no different.

Apple may come out with some overpriced Apple-branded netbook or touchscreen netbook, and they'll get a lot of press and a modest market share. And when the initial excitement dies down, they'll abandon the market niche again and move on to something else.

RE: Palm will bury you all.
SeldomVisitor @ 12/20/2008 10:22:22 AM # Q
Ah...another Obsessed Fan.

I'm obviously having success.

RE: Palm will bury you all.
FrequentVisitor @ 12/20/2008 10:25:01 AM # Q
This time it's going to be mainly about the software and services, tompi. Apple finally put the pieces together that Palm, Microsoft etc have been dropping for YEARS. The iPhone and iPod Touch were Trojan horses - the huns are now INSIDE the gates, with an army over 10 million strong and growing larger every day. Wal-Mart iPhones seal the deal. Steve Jobs is frikkin' BRILLIANT. Trust me.*

Jobs has just taken Jeff Hawkins' vision and made it reality. Poor Jeff!

http://upload.wikimedia.org/wikipedia/commons/5/5e/IPhone_sales_per_quarter.png

http://en.wikipedia.org/wiki/File:IPodsales_2008Q3.svg

http://seekingalpha.com/article/111628-palm-dead-company-walking-ceo-says-no?source=article_lb_articles



*I am Meegneh.

RE: Palm will bury you all.
FrequentVisitor @ 12/20/2008 10:32:19 AM # Q
Palm will bury you all.
FrequentVisitor @ 12/20/2008 8:51:32 AM #


RE: Palm will bury you all.
SeldomVisitor @ 12/20/2008 10:22:22 AM #

Ah...another Obsessed Fan.

I'm obviously having success.


Hmmm... a response 90 minutes after the initial post in this thread. I wonder if a certain someone is monitoring Palminfocenter 24/7? Remind me again - WHO exactly is the one that's a Wee Bit Obsessed*?




* [HINT] Get a mirror and find the Stalker.

TTFN


RE: Palm will bury you all.
FrequentVisitor @ 12/20/2008 10:41:07 AM # Q
A legitimate question for SeldomVisitor:

WHY have you spent literally HUNDREDS (thousands?) of hours reading and posting to MULTIPLE Palm sites over the years, continually struggling to put a negative spin on EVERYTHING about the company? Is that "normal" behavior? Why do you obsess over Palm like this? Did someone at Palm do something bad to you to trigger this... odd... behavior on your part? Just wonderin'.

Clear out your cubicle, son. Mr. Johnson From Handspring Security is here to escort you from the building.

Giggle. Indeed.



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