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Palm posts sharp slide in Q4 results (Telecom.paper)

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Palm posts sharp slide in Q4 results (Telecom.paper)

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06-29-2007	#1 (permalink)
RSS Robot Guest Tournaments Won: 12 Posts: n/a	Palm posts sharp slide in Q4 results (Telecom.paper) (TP) Palm reported a sharp decline in net profit for the fiscal fourth quarter to 1 June, to USD 15.4 million from USD 27.2 million a year earlier. Total revenues dropped to USD 401.3 million from USD 403.1 million, while unit sales increased 43 percent year-on-year to 750,000 smartphones. For the full fiscal year, sales fell 1 percent to USD 1.56 billion, while net profit plunged to USD 56.4 ... More...

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