The Register® — Biting the hand that feeds IT

Feeds

Handspring revenue growth defies market trend

Just about

  • print
  • alert

Steps to Take Before Choosing a Business Continuity Partner

Palm-based PDA maker Handspring saw its revenues continue to rise last quarter - the third of its current fiscal year - suggesting it's coping a little better with the economic downturn than rival Palm.

For the three months to 31 March, Handspring produced sales of $123.8 million, up 261 per cent year on year and seven per cent over the previous quarter.

A small quarter-on-quarter rise, to be sure, and not quite as "strong" as Handspring reckons, but better than Palm's quarter-on-quarter fall of just under ten per cent. Handspring also managed to improve - just about - its gross margins, from 31.4 per cent to 31.8 per cent.

Handspring lost $6.7 million during the quarter. One-off expenses took that to $27.2 million. ®

Magic Quadrant for Enterprise Backup/Recovery

More from The Register

 breaking news
BBC-featured call centre slapped with hefty fine for unwanted calls
PPI pests: Swansea-based firm stung for £225k by ICO
Microsoft to open Windows Stores inside 600 Best Buy locations
Product showcases 'must be seen to be believed'
 breaking news
What did the Lehman Brothers implosion look like to a techie?
Insider tells all about the Gnab Gib at Lehmans
 breaking news
The only Waze is Google: Ad giant tipped to gobble map app 'for $1.3bn'
Pac-Man-satnav-ish upstart in bidding war with Apple, Facebook
 breaking news
1-in-10 e-tomes 'are self-published'... most are 'rubbish' says book ed
Publishing man scoffs at go-it-alone writers, ursines still fouling in forests
 breaking news
Facebook RSS reader said to uncloak June 20
Secret event scooped by Scottish developer?
 breaking news
O2 averts strike action over mass Capita outsourcing deal
Details of new agreement not yet released