Feeds

The Curse of Bono strikes Palm

Falling sales to blame

Choosing a cloud hosting partner with confidence

Palm has issued a profits warning ahead of its Q1 results, due in full on 1 October. It now expects merely to break even, or report a small loss. A year ago Palm reported a slim profit of $18.2m. However, this time round it expects net income of $3.4-4.4m before adjustments.

Revenue is expected to be between $359m and $361m for the quarter, compared to $358m in the same period last year. However, gross margin is down 36 points.

Sales of smartphones, which account for around $300m of Palm's income, have fallen in the quarter to 685,000-690,000 units - down from 750,000 units in the preceding quarter.

In June, Palm sold 25 per cent of the business to Elevation Partners, the private equity company founded by Bono from U2.

Quite the tech visionary, that boy. ®

Security for virtualized datacentres

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
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?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.