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:

NZ Prime Minister John Key Resigns
Created by ajobbins, last reply by frankv on 8-Dec-2016 15:12 (208 replies)
Pages... 12 13 14


Gareth Morgan is a genius
Created by Satch, last reply by Dulouz on 8-Dec-2016 14:56 (34 replies)
Pages... 2 3


The President Of The USA - Who do you think?
Created by TimA, last reply by networkn on 8-Dec-2016 13:27 (907 replies)
Pages... 59 60 61


Dishwasher not Working Properly
Created by tdgeek, last reply by mdav056 on 5-Dec-2016 20:18 (28 replies)
Pages... 2


Wilson's Car Park - When Free is not free
Created by nzkiwiman, last reply by ajobbins on 8-Dec-2016 13:31 (47 replies)
Pages... 2 3 4


Spark not planning to deploy native IPv6 at all. Ever.
Created by Erayd, last reply by sbiddle on 7-Dec-2016 20:57 (19 replies)
Pages... 2


Spark wireless broadband and home /lan access: CGNAT limitations
Created by yokkem, last reply by sbiddle on 8-Dec-2016 14:16 (18 replies)
Pages... 2


JB Hifi Cost & GST Sale - 7th Dec
Created by Finch, last reply by Kopkiwi on 7-Dec-2016 15:11 (16 replies)
Pages... 2