Feeds

Palm confused over PDA sales figures

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

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

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%

Providing a secure and efficient Helpdesk

More from The Register

next story
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.