Feeds

Handspring sales up 630 per cent

PDAs consumers' Christmas favourites

  • alert
  • submit to reddit

Bridging the IT gap between rising business demands and ageing tools

PDA maker Handspring vaulted over Wall Street expectations when it posted its latest quarterly fiscals last night.

The company's loss for the three months to 30 December 2000 narrowed to seven cents a share rather better than the 16 cents a share analysts had been anticipating, at least according to First Call's consensus figure. This time last year, before it IPO'd, Handspring lost 12 cents a share.

During the quarter, Handspring recorded sales up more than 630 per cent year-on-year to $115.62 million (Q2 2000: $15.79 million), which also represents a quarter-on-quarter increase of 64 per cent. The reason for the success? Very brisk Christmas sales, the company said.

Looking ahead, the PDA maker's CFO Bernard Whitney predicted Q3 sales of $117-123 million, which is impressive given the quarter after the Christmas period is usually weaker than the holiday quarter for consumer-oriented companies like Handspring.

Whitney reckons Handspring's loss will shrink only a little further, to six cents a share. The company is looking at a full-year sales total of $560-590 million. ®

Related Story/B>
PalmOS sales to surpass expectations - Bear Stearns

Build a business case: developing custom apps

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
US freemium mobile network eyes up Europe
FreedomPop touts 'free' calls, texts and data
prev story

Whitepapers

Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.