Feeds

Palm revenue blip causes worries

Needs those new models, sharpish

The essential guide to IT transformation

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. ®

Next gen security for virtualised datacentres

More from The Register

next story
BBC: We're going to slip CODING into kids' TV
Pureed-carrot-in-ice cream C++ surprise
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Twitter: La la la, we have not heard of any NUDE JLaw, Upton SELFIES
If there are any on our site it is not our fault as we are not a PUBLISHER
Facebook, Google and Instagram 'worse than drugs' says Miley Cyrus
Italian boffins agree with popette's theory that haters are the real wrecking balls
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

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.
Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
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.
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.
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?