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.
Handspring to develop Smartphone for Orange
Posted on 16-Apr-2003 21:11 | Tags Filed under: News


Handspring to develop Smartphone for Orange
Handspring's revenue for the third quarter of fiscal 2003 was $30.8 million, down from $47.8 million in the second quarter of fiscal 2003 and from $59.7 million in the third quarter a year ago. Revenue for the quarter included $21.1 million in communicator sales and $9.7 million in sales of organizers and accessories. On a GAAP accounting basis, net loss for the period totaled $90.4 million, or $.62 per share as compared to a net loss of $12.3 million, or $.08 per share in the prior quarter. Excluding charges for the Sunnyvale lease restructuring of $75.9 million and the amortization of deferred stock compensation of $1.7 million, Handspring's non-GAAP net loss for the quarter was $12.8 million, or $.09 per share as compared to a non-GAAP net loss of $10 million, or $.07 per share, excluding amortization of deferred stock compensation of $2.3 million, in the prior quarter.

Handspring also said it has signed an agreement with Orange SA, one of the world's largest communications companies, to work together to develop future smartphones designed for the Orange network in Europe, with product shipments expected to begin this fall.

We've continued to grow our Treo installed base through a difficult quarter, reaching 180,000 customers, while investing in a significant new product due this fall," said Handspring CEO Donna Dubinsky. "The near-term outlook will be challenging due to a weak economic environment and lower-than- expected sell-in of current products for the coming quarter."


More information: http://www.handspring.com...




comments powered by Disqus


Trending now »

Hot discussions in our forums right now:

NZ Post is dropping 'Fast' snail mail
Created by DarthKermit, last reply by J90 on 16-Aug-2017 23:20 (34 replies)
Pages... 2 3


Climate change: what are YOU doing to help reduce greenhouse gas emissions in New Zealand?
Created by frednz, last reply by MikeAqua on 16-Aug-2017 13:12 (216 replies)
Pages... 13 14 15


iPhone 8 - no Touch ID?
Created by Paul1977, last reply by alasta on 16-Aug-2017 15:05 (38 replies)
Pages... 2 3


Vodafone or Sparks
Created by Unubis, last reply by Linux on 16-Aug-2017 17:07 (37 replies)
Pages... 2 3


Retaining wall $
Created by kryptonjohn, last reply by kryptonjohn on 16-Aug-2017 19:01 (48 replies)
Pages... 2 3 4


Router with 200mbps and parental controls
Created by networkn, last reply by xpd on 16-Aug-2017 14:16 (13 replies)

Anchor Milk, lightproof containers, and consumer - can you notice the taste difference?
Created by surfisup1000, last reply by MikeAqua on 16-Aug-2017 12:18 (81 replies)
Pages... 4 5 6


Alexa plus Harmony Hub plus Veon TV
Created by kryptonjohn, last reply by kryptonjohn on 15-Aug-2017 22:53 (12 replies)