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Something has to be done – Palm posts 43% drop in profit

Categories: Palm
By: , IntoMobile
Tuesday, July 3rd, 2007 at 2:11 AM

PalmWe all know Palm needs to reinvent itself. Their latest earnings report further emphasize the idea, as the maker of the popular Treo handsets reported a 43% drop in profit from the year-ago quarter all while experiencing cost increases. Gandolf is coming, but will it help? I’m quite sure betting on Foleo won’t pay off, so what’s next for Palm? To wait another year for the new version of Palm OS? They need more new products. As we can see from RIM’s example that works — BlackBerry maker reported a 76.5% increase in revenue from the same quarter a year ago.

C’mon Palm, don’t let us down. I still remember touching the first Palm III. What an experience that was. :)

[Via: Engadget]

About The Author

Dusan Belic

Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.