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. ®

Internet Security Threat Report 2014

Whitepapers

Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
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.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
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.
Managing SSL certificates with ease
The lack of operational efficiencies and compliance pitfalls associated with poor SSL certificate management, and how the right SSL certificate management tool can help.