Palm earnings: Yep, it’s ugly…
Palm just filed its 8-K and is discussing earnings on a conference call. Bottom line: Revenue for three months ending Nov. 30 fell from $392.91 million last year to $349.63 million this year. Net income swung from a profit of $12.77 million last year, to a loss of $9.63 million this year.
Read about the carnage here…And here.
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