Competing reports on Palm's Q4 earnings report...
From fan site PalmInfoCenter, only positive news in the RSS synopsis in Palm Reports Q4 and FY 2008 Results:
Palm, Inc. today reported that total revenue in the fourth quarter of fiscal year 2008, ended May 30, was $296.2 million. Smartphone sell-through for the quarter reached a record high, totaling 968,000 units, up 29 percent year over year.
"We continue to invest in Palm's future and remain focused on building long-term value," said Ed Colligan, president and chief executive officer for Palm, Inc. "Centro is a tremendous hit, we are gaining market share, and we believe with this momentum, and the launch of new Windows Mobile products, we will turn the corner and return to revenue and margin growth."
From dour Silicon Alley Insider, only negative news in Palm Stinks Up Q4; No Big Deal:
Palm's Q4 was even worse than analysts' low expectations, and shares will probably drop Friday morning. (They're down 7.8% after hours, to $6.03, after losing another 4.4% during Thursday trading.)
But it doesn't really matter! Why not? Because Palm's long-term prospects are completely tied to top-secret phones running the top-secret, Linux-based mobile operating system it's working on -- which won't go on sale until next year.
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