February 25, 2010

Palm sales 'lower in comparison to expected,' revenues to miss targets

Ruh-roh. Palm simply confirmed what we have a tendency to heard up from analysts yesterday: sales have a tendency to be no longer definitely going therefore smartly. The company's updated its third quarter financial direction to claim which consumer adoption of its products could be "taking more time in comparison to expected," resulting in lowered order volumes from carriers plus deferral of a bunch of orders to "future periods." That certainly puts that "Chinese New Year" Pre / Pixi match stoppage in a very marginally different context, does not it? Searching at the hot numbers, Palm says it expects non-GAAP Q3 revenue to be concerning $300m, or about the identical it pulled in in Q2 prior to the Pre Plus and Pixi Plus launched as to Verizon. That is not a smart sign, less than we'll be told if that kicks somebody at Verizon or Palm back into realizing they would possibly desire a recent, less-stupid ad campaign targeted on capabilities, not stereotypes.

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