Feeds

Palm confused over PDA sales figures

Did it ship 750,000 PDAs last quarter - or just 300,000?

  • alert
  • submit to reddit

Top 10 endpoint backup mistakes

There's a very interesting discrepancy in Palm's latest quarterly results statement, posted last night and cover the first quarter of the company's 2002 fiscal year.

The release says: "During the quarter, Palm shipped approx. 750,000-Palm-branded devices, which brings cumulative shipments to more than 14 million."

That sounds fine, but at the close of the previous completed quarter, Q4 2001, Palm put cumulative shipments at around 13.7 million, up from 13 million in Q3. So in Q4, Palm shipped 700,000 PDAs, well down on the 2.1 million it says it sold in Q3.

Now do the maths for Q1 2002: if Palm's cumulative figures are correct, it means shipments grew by only 300,000 during the last quarter.

How can we explain the missing 450,000 PDAs? The logical answer is that Palm's release should have read "...brings cumulative shipments to more than 14.45 million".

But it could hinge on what "Palm-branded" means. Technically, Palm OS licensees' PDAs are Palm-branded, since they all carry the Palm-Powered logo somewhere on the packaging. Palm wouldn't be attempting to massage its figures by including third-party shipments would it?

Alas not - such scandal would make very good copy, but wouldn't account for Palm's 30 per cent rise in revenue. If Palm's shipments had fallen from 700,000 to 300,000, even with the higher margins provided by the m50x family, you'd expect revenue to fall significantly, not increase. Licence revenue can't make such a difference... or can it? If it does, the sooner Palm spins off its Platform Solutions Group, the better... ®

Related Story

Palm's revenues rise 29.6%

A new approach to endpoint data protection

More from The Register

next story
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Nintend-OH NO! Sorry, Mario – your profits are in another castle
Red-hatted mascot, red-colored logo, red-stained finance books
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
prev story

Whitepapers

7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
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.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
A new approach to endpoint data protection
What is the best way to ensure comprehensive visibility, management, and control of information on both company-owned and employee-owned devices?