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Psion tells investors about state of its handheld business

And 2.5G networks. Oh dear

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Psion chief exec David Levin has said Q1 sales are significantly ahead of last years at the company's AGM today.

But this isn't down to the handheld market. "As anticipated in March, trading in the Psion Digital division, particularly in palmtop markets, continues to be difficult," Levin said.

Psion Digital is the single division made up of Psion's Computers, Connect and InfoMedia divisions - all brought together to reduce costs. In a statement Levin talked of Psion Digital launching "a variety of Bluetooth-enabled products to take advantage of the emergence of Bluetooth handsets and peripherals" in the second half of the year. This could send ripples of indifference through the market, like most Bluetooth talk does these days.

Levin also talked up Psion's investment in Symbian. It's still important, and "Symbian has delivered version 6.1 of its platform to its licensees. However, as Psion noted in March, industry-wide technical and funding issues have delayed the commercial implementation of 2.5G networks and services."

Hmmm. Well Psion Teklogix is doing well anyway with its wireless networks work. ®

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