It’s no secret that Palm is facing some financial woes with the lackluster sales behind the Palm Pre and Palm Pixi. However, the company has come forth today to officially announced those problems, posting a $22 million Q3 loss.

Despite these poor numbers, Palm CEO Jon Rubinstein remains optimisic, releasing the following statement:

“Our recent underperformance has been very disappointing, but the potential for Palm remains strong. The work we’re doing to improve sales is having an impact, we’re making great progress on future products, and we’re looking forward to upcoming launches with new carrier partners. Most importantly, we have built a unique and highly differentiated platform in webOS, which will provide us with a considerable – and growing – advantage as we move forward.”

Let’s hope that with the forthcoming AT&T launch of the Pre and Pixi will return Palm to greatness. If not they’re going to have to do something drastic.

via engadget

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