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SmartPhoneToday > News > palmOne Meets Expectations

palmOne Meets Expectations

By Paul Shread
December 17, 2004

palmOne met Wall Street estimates after the close on Thursday. Investors didn't appear happy, however, as its stock traded lower after hours.

palmOne's earnings of 53 cents a share met estimates. Revenues were up 38.7% to $376.2 million, $3 million better than expected. Gross margins were a little weaker than expected. Investors were apparently looking for more from the high-flyer and sent PLMO shares 9% lower after hours.

Excerpted from internetnews.com



Related Links:

  • palmOne May Play Multi-Platform Hand
  • Microsoft Now Leads in PDA, Embedded OS
  • Update: palmOne Finally Takes Wraps Off Treo 650
  • palmOne Cozies Up to Microsoft over E-Mail
  • Palm’s Uphill Battle

     
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