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:

    2018 Census Q&A
    Created by freitasm, last reply by chevrolux on 13-Dec-2017 20:32 (48 replies)
    Pages... 2 3 4


    Vodafone and my terrible experience
    Created by Rudster, last reply by dejadeadnz on 11-Dec-2017 22:25 (20 replies)
    Pages... 2


    Kindle integration w/Auckland public libraries - advice sought
    Created by Eurochild, last reply by PhantomNVD on 13-Dec-2017 23:14 (19 replies)
    Pages... 2


    Courier woes - what to do?
    Created by redeye52, last reply by blakamin on 13-Dec-2017 19:23 (37 replies)
    Pages... 2 3


    Emergency water purification for family - alternates to lifestraw
    Created by timmmay, last reply by Rikkitic on 13-Dec-2017 16:13 (17 replies)
    Pages... 2


    BBQ Tips and Tricks
    Created by Goosey, last reply by Paul1977 on 13-Dec-2017 08:49 (47 replies)
    Pages... 2 3 4


    MacBook Pro - Graphics card failure - consumer law
    Created by am289, last reply by Lias on 11-Dec-2017 14:14 (13 replies)

    Does anyone know what is on top of this light?
    Created by Starscream122, last reply by Aredwood on 13-Dec-2017 22:57 (22 replies)
    Pages... 2