Palm Earnings Tumble
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Palm, the maker of Treo smart phones, said profit slipped on stock option expenses and slow sales growth amid tougher competition.
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Facing increasing competition in the smartphone market, Palm Inc., said Wednesday that it might see a small loss in its fiscal first quarter.
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The incredible shrinking handheld market continued its decline in the third quarter, with market leader palmOne (PLMO:Nasdaq - news - research) continuing to lose its stature, according to a report issued Wednesday.
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Nokia, the world's largest cell phone maker, reported lower third-quarter earnings on Thursday after cutting prices to claw back market share, but said sales were strong as it enters the key Christmas season.
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The PalmSource chief financial officer jumps ship. Does that mean it's sinking?
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Earnings from hot new issue Jamdat Mobile don't live up to analysts' expectations.
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Palm Inc.  cut second-quarter profit and revenue forecasts on Monday, blaming a delay in shipping its new Treo 750 smartphone in the United States.
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Palm CEO Ed Colligan made the right decision to dump the Foleo. But how will Jeff Hawkins and Palm bounce back from the admission that they badly misjudged the market for a weak laptop?
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Palm Inc. has canceled plans to release a laptop-like gadget that was supposed to serve as a smart-phone companion, months after the product was announced and ridiculed by analysts.
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Software maker PalmSource Inc. (PSRC.O: Quote, Profile, Research) on Thursday posted a narrower net loss for its first quarter, but said its forecast for the current quarter is
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Palm Inc , the maker of Treo cell phones, forecast lower-than-expected revenue amid tough competition from Research in Motion Ltd's  Blackberry and Apple Inc's  iPhone, sending its shares tumbling 12 percent on Tuesday.
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Plus earnings from Bear Stearns, Research In Motion and Palm.
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Shares of Colgate-Palmolive Co. tumbled Monday in pre-market trading after the company said it expects second-half results for 2004 to fall below Wall Street estimates, citing higher marketing costs and rising prices for raw materials and packaging.
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The firm attributes the overall decline to falling shipments from PalmOne and to the withdrawal of Sony and Toshiba from the U.S. market.
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PalmSource cuts its losses in the first quarter, but lost business from Sony leaves the outlook uncertain.
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Qualcomm shares fell yesterday after the wireless technology giant said it may change the way it accounts for royalties on its financial statements.
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No new PDAs likely - Colligan Palm reported revenue of $355.8m for the quarter ending 1 September, with a slim net income of $16.5m. Measured on a non-GAAP basis, the profit was $21.5m.â¦