Palm Revenues Affected by Treo 750 Delay
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Company has revised its financial forecasts for the current quarter.
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Handheld computer maker palmOne on Monday posted a quarterly profit, versus a loss a year earlier, on stronger revenue spurred by solid sales of its Treo 600 mobile phone and other digital devices.
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Woes continue Despite a new CEO, there are no signs yet of a turnaround for Motorola. The company's mobile phone division recorded a shocking quarter, with the unit's revenues down 38 per cent year-on-year, losing $388m along the way. Motorola's mobile division recorded a $1.2bn loss in 2007.â¦
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(InfoWorld) - Details of Palm's new smartphone are emerging ahead of the product's launch on Wednesday. According to details of a scanned advertisement from the Dutch subsidiary of The Phone Shop, which has appeared on numerous blogs, the product is called Palm Treo 500, itÂ uses a standard version of Microsoft's Windows Mobile 6.0 operating system, runs on 3G (third-generation) mobile phone networks, and will be sold byÂ Vodafone Group. Vodafone had an exclusive agreement for theÂ Palm Treo 750v. A source familiar with the launch confirmed details in the ad, including the name of the product, OS, and Vodafone as a carrier partner, but declined to provide further details ahead of the launch. The Treo 500 appears to be targeted at the consumer market and is equipped with the Windows Mobile 6 Standard OS, which doesn't support touch-screen functionality. The lack of this feature and possibly some others could mean that the new smartphone will be priced lower than the Palm Treo 750v, which at â¬500 ($689) has been targeted at business users. In an interview on Monday, Jens Schulte-Bokum, head of the global terminal division at Vodafone, declined to comment on whether Vodafone planned to offer the new Palm smartphone in addition to the Palm Treo 750v, saying only that the operator is "still in discussions with Palm to refresh that lineup." Â
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Palm's troubles continued on Thursday as the company posted a profit of $15.4 million for the fourth quarter, a 44 percent drop from its $27.2 million mark one year earlier, despite strong sales of its Treo smartphone.
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Palm Inc.  cut its 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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Plus: Palm's losses continue...Take-Two loss shrinks, but outlook falls short...Adobe profit up 21 percent.
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palmOne is at the head of a downward spiral of the PDA market according to research group IDC. IDC&#39;s figures showed a 8.7 per cent slump year on year for the third quarter of 2004 - the third successive quarter of year on year decline.
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Handheld computer and phone maker  Palm Inc.  on Thursday posted a higher quarterly profit  driven by sales of its Treo mobile phones, but issued a revenue  forecast that was below Wall Street estimates and shares fell 8  percent.
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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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Palm has announced its first non-touchscreen smartphone for Windows Mobile 6. Beginning in October, the Treo 500v will be available to Vodafone customers in Germany, Ireland, Italy, Netherlands, Portugal, Spain, the UK, and South Africa.
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Motorola&#39;s mobile-phone business continued to lose its signal in the fourth quarter, dragging the company&#39;s revenue and profit down.
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Palm Inc , the maker of  Treo smartphones, posted a quarterly loss on Tuesday after a  delay of a key new product.
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Palm is seeking Treo smartphone users to help test out a new product that is designed for busy professionals that are constantly on the go and are looking for the best in communications tools. The company won't provide many details, but testers will need to be available for the next 3 to 4 weeks.
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The palmOne Treo 650 smartphone is now available for pre-order from the palmOne store. Prices range from $449 with a new service plan to $599 with an existing one, all orders from the palmOne store come with free shipping.
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(InfoWorld) - As part of a strategy to generate greater revenue from mobile data services, Vodafone Group has collaborated with Palm to launch a smartphone modeled after theÂ Treo 750vÂ but at a fraction of the price and with a newly designed user interface. Vodafone will exclusively sell theÂ Palm Treo 500v, which debuts in Europe in October, for three months, after which the handset will be available to other operators and retail outlets, in Europe and Asia, Roy Bedlow, vice president and general manager of Palm Europe, said Wednesday. Vodafone had a similar agreement with Palm when the operator launched the Treo 750v last year. Pricing of the 500v will vary according to market. The handset will be available free or for a small fee together with a 12- to 18-month contract in the U.K., according to Vodafone spokeswoman Helen Brockett. In Germany, pricing for the handset will begin at â¬30 ($41) and increase slightly according to the conditions of the operator's two-year contracts. By comparison, the Treo 750v sold for more than â¬500 with a two-year contract in Germany when it was launched. However, unlike the Treo 750v, which is targeted primarily at business users, the 500v lacks touchscreen capabilities, largely to lower the handset's cost, Bedlow said. The phone runs Microsoft Windows Mobile 6 Standard operating system, which doesn't support touchscreen capability, unlike the Professional version used in the 750v model. Although the Treo 500v runs on 3G (third-generation) networks, it doesn't support the more recent version HSDPA (High Speed Downlink Packet Access) protocol, again mostly for cost reasons, according to Bedlow. But the new smartphone is packed with a few features missing in the 750v, including a new interface designed to give users faster and easier access to Vodafone Live mobile Internet applications. The applications are shown in a carousel that users can manipulate for easy navigation, according to Bedlow. In addition to Live, the carousel includes a number of applications such as Google Maps, YouTube and eBay. The Treo 500v is designed for one-hand use, according to Bedlow. Like the Treo 750v, the 500v supports Microsoft Direct Push technology to deliver Outlook mail, as well as Vodafone's own push e-mail service. Users can also configure the handset to send and receive e-mail from the Vodafone account or from other e-mail accounts. "With the Treo 500v, Vodafone wants to broaden its user base for mobile data services such as the Internet and e-mail," Bedlow said. "The handset makes more features of high-end mobile phones available to more users." The new smartphone has 150MB of internal memory and a slot for a microSD expansion card. It is also equipped with Bluetooth wireless technology. As part of the European rollout, Vodafone will offer the Treo 500v next month in Germany, Ireland, Italy, the Netherlands, Spain, Portugal, and the U.K., with other European countries as well as the Asia-Pacific region to follow, according to Bedlow. The Treo 500v will not be available in the U.S., although Palm is planning new devices later this year for North American market, according to a company spokesman. Â
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(InfoWorld) - Struggling handheld device maker Palm has been hit with layoffs. The layoffs, which occurred Thursday, affected "a small percentage" of Palm's approximately 1,200 employees and were concentrated in the company's development group, according to a company spokesman. They primarily affect Palm employees in the U.S., he added. Palm has seen steady decline in the handheld device market, where it leads the market and is in the midst of financial restructuring. Last week,Â private equity investors Elevation Partners took a 25 percent stake in Palm, investing $325 million into the struggling smartphone maker. The company faces stiff competition in the growing smartphone market, where its Treo line has been a hit. Also, its latest hardware release, theÂ Foleo 'smartphone companion,'Â has garned only a lukewarm response thus far. The Palm spokesman said that the reorganization was in the works prior to the Elevation investment and that the company is still hiring staff in other areas. "We're flattening our organizational hierarchy and doing some realignment," he said. He would not say exactly how many employees were being laid off.