Feeds

Palm revenue blip causes worries

Needs those new models, sharpish

Intelligent flash storage arrays

Palm says its most recent quarter's earnings will come in lower than it hoped. The company said revenue for 1H 2007, which it previously stated would come in between $380m and $385m, will fall short, between $354m and $364m.

The smartphone business is booming, but Palm is trending in the wrong direction - Q4 2006, which ended in May 31, saw Palm gross revenues of $403.1m.

CEO Ed Colligan said two new models would "address the market dynamics responsible" - with one budget model and one global model in the offing.

The latter is almost with us - Palm will unveil its GSM-based model with Vodafone at an event next week.

Critics (and short-sellers) say the company hasn't done enough to remain competitive. RIM has found interest in its latest models, and Motorola's Q and Nokia's E61 have been winning rave reviews in the US. Palm has only made minor tweaks to its Windows Mobile-based and PalmOS-based smartphones, the 700w and 700p respectively, and it has been unable to deliver a 3G, WLAN model on PalmOS at all.

But longer term, the problem isn't one single competitor. As Palm becomes more reliant on Windows, it has to spend more to distinguish itself from no-name carrier-branded clones. There are a lot of similar Windows products out there, all alike, and all forgettable.

Meanwhile the company has yet to reveal the plans for its its home-grown platform. Palm is up to something - hiring Linux developers and client/server developers - but it won't say what. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
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
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
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 cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.