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.
Palm revenue goes up, net loss down in last quarter
Posted on 19-Sep-2003 22:08 | Tags Filed under: News



Palm reported revenues of US$177.4 million for the first quarter of fiscal year 2004, ended 29th August 2003, up 3.0 percent from the US$172.3 million reported during the comparable quarter a year ago.

For the first quarter of fiscal year 2004, net loss was US$21.7 million. This net loss included restructuring charges of US$2.7
million, This compares to net loss for the first quarter of fiscal year 2003 of US$258.7 million.

The company noted the following operational highlights in the first quarter of fiscal year 2004 over the comparable quarter last year:

  • Revenue rose 3 percent, helped by an increase in average selling prices to US$231 from US$167, reflecting the company's recent introduction of fully featured products in the Zire and Tungsten lines.
  • gross margin of 34.7 percent vs. 30.7 percent.

    Palm shipped approximately 645,000 Palm handhelds during its first fiscal quarter, bringing the total number of Palm branded handhelds shipped to date to 22.9 million.


  • More information: http://www.palm.com...




    comments powered by Disqus


    Trending now »

    Hot discussions in our forums right now:

    Man stole trampoline 'to feed his family'
    Created by Wiggum, last reply by Fred99 on 20-Jul-2017 22:56 (43 replies)
    Pages... 2 3


    Winston. Kingmaker? Could Well Be.
    Created by tdgeek, last reply by MikeB4 on 20-Jul-2017 19:59 (159 replies)
    Pages... 9 10 11


    Maori Seats
    Created by Pumpedd, last reply by Fred99 on 21-Jul-2017 00:08 (122 replies)
    Pages... 7 8 9


    Setting up 3G/4G in car Wi-Fi. What is needed? Best value data?
    Created by Supercolor, last reply by hio77 on 20-Jul-2017 14:35 (20 replies)
    Pages... 2


    The next Doctor announced
    Created by Lizard1977, last reply by Paul1977 on 20-Jul-2017 09:55 (82 replies)
    Pages... 4 5 6


    The President Of The USA: Donald Trump
    Created by Coil, last reply by Sideface on 20-Jul-2017 19:51 (4851 replies)
    Pages... 322 323 324


    UK to ban credit card charges next year
    Created by Geektastic, last reply by Aredwood on 21-Jul-2017 02:15 (49 replies)
    Pages... 2 3 4


    Pandora replacement?
    Created by Horseychick, last reply by mattwnz on 20-Jul-2017 16:34 (14 replies)