10 Mar 09 Can Palm Pre Save Palm from Going Downhill?
I don’t know if you’ve heard but Palm stated that the Q3 sales will be below expectations. In a recent statement Palm said that:
The revenue declines vs. the company’s second quarter of fiscal year 2009 and third quarter of fiscal year 2008 are the result of reduced demand for Palm’s maturing legacy smartphone products, the challenging economic environment and later-than-expected shipments of the Treo Pro in the United States. The company expects declining revenues and continued margin pressure from its legacy product lines in the fiscal fourth quarter.
The launch of the new Pre still remains on “track for the first half of 2009” as Palm CEO Ed Colligan explained. Will Pre keep Palm in the game? We’ve obviously seen that Palm is not ready to upset Apple with unnecessary statements, but will the Pre beat the iPhone this summer? Stay tuned to be the first who finds out!
via Intomobile
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