Acer settlement lifts PalmSource to quarterly profit
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A November settlement with Taiwan's Acer helped push PalmSource into the black during the second quarter of its fiscal year, even as shipments of Palm OS-based devices declined compared to the same period last year, the Sunnyvale, California, company said Wednesday.
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US-based software developer PalmSource Inc. said Wednesday it had entered agreement to acquire China MobileSoft Ltd. in a bid to extend its market as a software provider for cell phones and mobile devices.
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Oilfield services company Baker Hughes Inc.  said on Thursday that quarterly profit rose as higher sales and a benefit from an accounting change helped offset a one-time charge.
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ACER Computer NZ posted a 32 per cent rise in sales in the year to December, expanding revenue to $81.2 million. Its net profit for the year was slightly down at $2.3 million.
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The desktop publishing software maker said its fiscal fourth-quarter profit and sales rose to beat Wall Streetâs expectations, fueled by strong sales of Creative Suite 3 and Acrobat.
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SUNNYVALE, Calif., Dec. 8 /PRNewswire-FirstCall/ -- PalmSource, Inc. (NASDAQ:PSRC), provider of Palm OS(R), a leading operating system powering next generation mobile devices and smartphones today announced
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The health care products maker posted higher profit in the fourth quarter versus year-earlier results that were reduced by acquisition charges for Kos Pharmaceuticals.
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The $710 million deal gives Acer a leg up in its battle with Lenovo, but important hurdles must be cleared before Gateway will turn around its lagging sales figures.
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The company, which closed a $5.6 billion deal to buy Dow Jones & Company in December, said quarterly profit increased to $832 million, or 27 cents a share.
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Hewlett-Packard 1Q Profit Up 26 Percent
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The company posted quarterly net profit of $904 million and revenue of $6.22 billion, up 29 percent from a year earlier.
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PalmOne Inc.  on Monday swung to a quarterly profit from a year-earlier loss on a 62 percent jump in revenue, spurred by solid sales of its Treo 600 mobile phone and other handheld digital devices.
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Hewlett-Packard Co.  said on Tuesday quarterly profit rose 26 percent, helped by strong performances in its printer and personal computing businesses.
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Oracle Corp. , the world&#39;s  third-largest software maker, reported on Tuesday higher  quarterly profit as sales of products it acquired over the past  year helped boost earnings.
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Shares of PalmSource (Nasdaq: PSRC) are down 17% to $20.80 today after the company reported its first-quarter results yesterday afternoon.
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Microsoft Corp.'s software platform for personal digital assistants took over the market lead from PalmSource Inc. for the first time in the third quarter, according to market research released Friday.
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(InfoWorld) - Access Co., the Japanese company thatÂ purchased PalmSourceÂ last year, has sold a perpetual license for the Palm OS to PDA-maker Palm Inc. for $44 million, the companies said Wednesday. The nonexclusive source code license allows Palm to modify the code base of Palm OS Garnet for use in any of its devices, including the Palm Treo family of smart phones, as well as other handhelds, Access said. The agreement also gives Palm the right to use the Palm OS Garnet in whole or in part in any Palm product, including alongside other system technologies. The agreement comes just over a year after Access bought PalmSource for about $324.3 million. PalmSource was originally the software division of Palm Inc., and wasÂ spun off in October 2003. Â