Palm wasn’t $31.5 million in the hole last month, more like $57 million
By Stefan Constantinescu on Tuesday, April 8th, 2008 at 8:59 AM PST In Palm
It just never ends for Palm (NSDQ: PALM), the company announced that instead of having a $31.5 million loss for their third fiscal quarter it is instead $57 million due to the collapse of the debt market. Just a reminder, one year ago they were $11.8 million in the green. I’m hoping Palm pulls through, the fact that they are adding a few employees from Apple (NSDQ: AAPL) (1+2, 3) can only do them some good in the long run.
[Via: Yahoo]
