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MobileBurn.com - 3/20/2009

Palm reports significant losses in Q3 2009

— MobileBurn.com — Palm is reporting a net loss of $95 million or 89 cents per share in Q3 2009,... expanding its loss from $54.7 million or 53 cents per share last year. CEO Ed Colligan reassured investors that everything is on track for its anticipated Palm Pre smartphone to launch in Q2. Read the full story ... (more) Palm reports significant losses in Q3 2009

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electronista.com - 3/20/2009

Palm Q3 smartphone shipments down 42 percent

— electronista.com — Palm on Thursday reported its third-quarter financial results, indicating smartphone shipments of just 482,000 units, down 42... percent year-over-year. Smartphone revenue was also hit hard, down 72 percent and contributing to the company's net loss of ... (more) Palm Q3 smartphone shipments down 42 percent

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Palm third quarter dismal as expected
Between the Lines — ... Palm smartphone units plunged 42 percent to 482,000 in its fiscal third quarter ahead of the launch of the Pre. The company reported a net loss of $98 million, or 89 cents a share, on revenue of $90.6 million, down from $312 million a in the same quarter a year ago. Smartphone revenue fell 72 percent to $77.5 million.  The results were largely expected since Palm had ...

Ouch.. Palm has one rough Q3
Krunker — ... (down 42 percent year over year). These are certainly tough times for Palm. They’re in the midst of rolling to an entire new OS and smartphone platform yet they still have a large inventory of existing smartphone devices to sell. Combine that with abysmal economic climate and customers waiting for the new Pre, it’s really not that surprising to see dismal numbers. Here’s hoping the new webOS and Palm Pre product line will bring growth back to the company. [Check it out] No Tags ...

Sony Ericsson: Sales Off 50%
dailywireless.org — ... Meanwhile, U.S. rival Palm reported a widening loss for the December-February quarter with revenue sinking 70 percent from a year ago. ...