Palm sees 2nd-qtr revenues down from 1st qtr

Thu Sep 18, 2008 5:38pm EDT
 
[-] Text [+]

SAN FRANCISCO, Sept 18 (Reuters) - Palm Inc (PALM.O) said on Thursday it expected its revenues to be down for the current quarter ending in November but declined to give details.

"We're not going to get into specific numbers .., we have decided to not give specific numerical guidance," said Ed Colligan, Palm's chief executive and president. But he acknowledged that the revenues would decline.

He said that as Palm switched to smart phones it would not get the "holiday bump" it used to get from its handhelds. At the same time, he said that the problematic macro-economic situation has not yet affected Palm.

 

Companies In This Article

Featured Broker sponsored link

Commentary

James Pethokoukis
Why Geithner will stay

One residual from Timothy Geithner's rough confirmation back in January -- "Turbo Tax Tim" and all that -- is that his political position is probably a bit more precarious than that of the typical newbie treasury secretary.  Blog