Palm may have the Pre and webOS behind them, but those assets alone evidentally haven’t been enough to bring the company back to greatness. Today, the Q1 2010 results were made known which state that Palm has sold 823,000 handsets (mostly the Pre) so far which may sound like a lot but the next bit of information isn’t all peaches.

It seems that Palm has posted a net loss of a staggering $164.5 million and, when compared to the $41.9 million Q1 2009 net loss, may show where the company is headed. Let’s hope the forthcoming Palm Pixi will spur sales or else Palm may be facing a grim future.

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Tags: 2010, Business, Cell Phones, Mobile News, Palm, Palm, Palm Pre, q1