Linked by Thom Holwerda on Thu 17th Sep 2009 22:52 UTC
PDAs, Cellphones, Wireless Palm has announced the financial results of the first quarter of the 2010 fiscal year (ending August 31 2009), and the company has beaten estimates and has seen a strong increase in sales (but only quarter-over-quarter). However, Palm is still seeing losses, but these losses were less than expected. During the conference call following the presentation of the results, Palm CEO Rubinstein also announced that Palm will completely abandon Windows Mobile in favour of the webOS.
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Not a promising outlook
by vondur on Fri 18th Sep 2009 16:30 UTC
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If they keep bleeding money like this they will become easy targets for takeover. I wonder who would be interested in buying them? With the now widespread adoption of Android, I don't think we'd see too many people stepping up to the plate for another smartphone OS.

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