Thursday, 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 from analysts yesterday: sales have a tendency to be no longer thus going so smartly. The legal company's updated its third quarter financial direction to assert which consumer adoption up of its products could be "taking more time compared to expected," resulting in lowered order volumes from carriers plus deferral of a handful of orders to "future periods." That certainly puts that "Chinese New Year" Pre / Pixi match stoppage during a marginally alternative context, does not it? Shopping at the recent 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 to realizing they can need a hot, less-stupid ad campaign concentrated on capabilities, not stereotypes.

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