Feeds

Palm posts 'record' full-year figures

Not entirely due to kit sales, though

Business security measures using SSL

Palm saw its sales rise both sequentially and year on year, the PDA pioneer said yesterday. Revenues for the three months to 2 June 2006 - the company's fourth quarter - came to $403.1m, up 20 per cent on the year-ago quarter and up 3.8 per cent on the previous one.

Net income totalled $27.2m (25 cents a share), down from the previous quarter's $29.9m (28 cents a share) but well up on the $17.7m (17 cents a share) the company announced this time last year.

On a non-GAAP basis, the Q4 FY2006 and Q4FY2005 figures are $30.6m and $19.2m, respectively.

Revenue for the full FY2006 was $1.6bn, up 24 per cent from the $1.3bn reported last year. Net income for the 12-month period was $336.2m ($3.19 per share), rather more than the $66.4m ($0.65 per share) posted for FY2005. Non-GAAP net income for the year was a more modest $88.5m ($0.85 per share), up from $78.9m last year and revealing the advantage of intangible-asset amortisation, the reversal of valuation allowancea against deferred tax assets and so on.

Palm shipped 623,000 Treo smart phones in Q4, taking the year's total to 2.3m. Despite the market's decline, the company shipped 495,000 PDAs during the three-month period - enough to ensure it sold more PDAs in FY2006 - 2.4m - than phones. However, Treo is where the money is: Palm's full-year Treo revenues exceeded $1bn - more than 62 per cent of the total.

Palm said it expects FY2007, now under way, to see revenues rise 20-25 per cent to $380-385m. ®

Secure remote control for conventional and virtual desktops

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.