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 | 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...
Trending now »

Hot discussions in our forums right now:

Warped post on 8 month old fence, who's responsible for repair?
Created by Paul1977, last reply by eracode on 16-Nov-2018 19:59 (60 replies)
Pages... 2 3 4


Home insurance: Do you live in an area at high risk of natural disasters?
Created by frednz, last reply by frednz on 14-Nov-2018 20:19 (57 replies)
Pages... 2 3 4


Google is killing Inbox
Created by michaelmurfy, last reply by amanzi on 15-Nov-2018 22:13 (19 replies)
Pages... 2


Wanted: Working 5.25 Inch Floppy Drive
Created by Lias, last reply by Spirax on 14-Nov-2018 19:23 (18 replies)
Pages... 2


$100 call to satellite network on 92 year-old's bill
Created by jlittle, last reply by Gurezaemon on 13-Nov-2018 12:43 (30 replies)
Pages... 2


Spark VDSL Upload Speed Issues Vigor 2860 + Troubleshooting Info
Created by bener, last reply by bener on 15-Nov-2018 12:34 (29 replies)
Pages... 2


Bunnings delivers onion-then-sausage directive
Created by Mspec, last reply by MikeB4 on 16-Nov-2018 12:33 (27 replies)
Pages... 2


Amazon Black Friday sale
Created by freitasm, last reply by Jizah on 16-Nov-2018 12:04 (13 replies)