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Palm: Fall Sales Horrible, Slashing Costs (PALM)

L.A. Times Tech Blog found this 12/2/2008 on alleyinsider.com

Palm's (PALM) fiscal second quarter was so bad they had to tell us about it in advance : The once-hot smartphone maker says sales for the quarter that ended Nov. 28 will be between $190 million to $195 million, 40% below the $331 million that Wall Street expected. Palm, which is still selling ...