Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
palmOne reports Q3 FY05 results: revenue up 18%
Posted on 19-Mar-2005 09:44. | Tags Filed under: News.



palmOne, Inc. is reporting revenue of US$285.3 million for the third quarter of fiscal year 2005, ended 25 February, up approximately 18 percent from the US$242.5 million reported during the comparable quarter a year ago.

Net income was US$4.4 million, or US$0.09 per diluted share, reflecting certain non-recurring employee-separation costs. This compares to a loss in the year-ago period of US$9.3 million, or US$0.20 per share.

Net income in the third quarter of fiscal year 2005 totaled US$10.6 million, or US$0.21 per diluted share, excluding the effects of amortization of intangible assets and deferred stock-based compensation and employee-separation costs.

palmOne notes that this is the seventh consecutive quarter of year-over-year growth. During the quarter the company expanded smartphone sales to include the Treo 650 across the Cingular Wireless network in the United States, building upon sales of Treo 600 smartphones and taking advantage of Cingularís high-speed Enhanced Data for Global Evolution, or EDGE.

Last quarter also saw an expanded the relationship with Orange in the U.K., France and Switzerland to include the Treo 650 smartphone, building upon Orangeís previous sales of Treo 600 smartphones. The company also signed an agreement with Telecom Italia Mobile, or TIM, to distribute the Treo 650 smartphone in Italy.

During this period 1.5 million units of the Tungsten E were sold. The Tungsten E represented 20 percent of all US handheld sales since its introduction, 18 months ago, according to The NPD Group. Also during the same period palmOne shipped approximately 938,000 Zire, Tungsten and Treo family devices.



comments powered by Disqus




Trending now »

Hot discussions in our forums right now:

What's your take on this whole no conviction rugby thing.
Created by Mspec, last reply by Fred99 on 29-Sep-2016 19:15 (46 replies)
Pages... 2 3 4


Possibly the best contribution to road safety since ABS
Created by Geektastic, last reply by DarthKermit on 29-Sep-2016 19:10 (36 replies)
Pages... 2 3


Housing prices....
Created by Linuxluver, last reply by mattwnz on 26-Sep-2016 19:50 (103 replies)
Pages... 5 6 7


Safe, practical SUV for family under 12k
Created by wikibedi, last reply by mattwnz on 29-Sep-2016 18:28 (49 replies)
Pages... 2 3 4


Getting Your Daily Fix - Sites you have to check everyday
Created by firefuze, last reply by Brumfondl on 29-Sep-2016 19:45 (23 replies)
Pages... 2


The Noel Leeming sale at Greenlane.
Created by richms, last reply by mattwnz on 29-Sep-2016 18:10 (23 replies)
Pages... 2


Buying without building consent/CCC?
Created by Zeon, last reply by neb on 27-Sep-2016 16:33 (38 replies)
Pages... 2 3


Galaxy Note 7 Announcement and Owners' Thread
Created by eracode, last reply by eracode on 29-Sep-2016 07:21 (975 replies)
Pages... 63 64 65