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:

    Kiwis to be hit with tax on online purchases
    Created by Gordy7, last reply by Lastman on 18-Nov-2017 11:05 (134 replies)
    Pages... 7 8 9


    Spark fibre conflict with ethernet switch.
    Created by sam395, last reply by Lias on 16-Nov-2017 14:49 (18 replies)
    Pages... 2


    Data hunt (free data game) is back!
    Created by PhantomNVD, last reply by Linux on 17-Nov-2017 22:27 (56 replies)
    Pages... 2 3 4


    Request for Windows 10 alternatives to reduce data usage
    Created by D1023319, last reply by lNomNoml on 17-Nov-2017 21:19 (23 replies)
    Pages... 2


    Curious updates from Bigpipe
    Created by robjg63, last reply by hio77 on 17-Nov-2017 19:27 (11 replies)

    Scare away cats at night?
    Created by kryptonjohn, last reply by eracode on 16-Nov-2017 14:09 (34 replies)
    Pages... 2 3


    Applecare for iPhone. Is it worth it?
    Created by maoriboy, last reply by Handsomedan on 17-Nov-2017 13:47 (16 replies)
    Pages... 2


    Fly Sprays
    Created by linw, last reply by Senecio on 15-Nov-2017 12:59 (32 replies)
    Pages... 2 3