Palm posts $43 million Q4 loss despite increased revenue

Fri, 27 Jun 2008 20:34:42 +0000

This sounds all too familiar. Like Helio's inability to turn a profit despite increasing their cash inflow, Palm has posted their Q4 earnings to disappointing effect. Palm highlighted the fact that their revenue was up 29%, based on smartphones sales of 968,000 units totaling $296.2 million. But, it wasn't enough to hide the fact that the [...]

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Palm posts $43 million Q4 loss despite increased revenue