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:

    Social media use by school
    Created by scetoaux, last reply by cebo on 19-Jan-2018 14:49 (18 replies)
    Pages... 2


    Getting asked for Money/Food
    Created by Starscream122, last reply by Rikkitic on 19-Jan-2018 10:32 (82 replies)
    Pages... 4 5 6


    Have any Geekzone members had an Ancestry DNA test?
    Created by Linux, last reply by MurrayM on 17-Jan-2018 13:53 (50 replies)
    Pages... 2 3 4


    CGA - Faulty New Laptop
    Created by ShiBoyd92, last reply by 1101 on 19-Jan-2018 14:50 (30 replies)
    Pages... 2


    Debt Consolidation
    Created by networkn, last reply by tdgeek on 19-Jan-2018 14:27 (124 replies)
    Pages... 7 8 9


    Chorus New Zealand broadband 2017
    Created by freitasm, last reply by michaelmurfy on 18-Jan-2018 21:56 (15 replies)

    Slingshot drops gig prices to $99
    Created by howdystranger, last reply by myfullflavour on 19-Jan-2018 10:59 (29 replies)
    Pages... 2


    Best place & price to get higher end car tyres? (Michelin/GoodYear etc)
    Created by Item, last reply by Senecio on 19-Jan-2018 08:37 (42 replies)
    Pages... 2 3