Mobile News

Palm to post loss - again.

By John ⋅ December 6, 2007 ⋅ Post a comment

Palm Inc, once the dominant leader in PDA’s has had a rough year. Now facing new competition from Research In Motion Ltd.’s BlackBerry and Apple Inc.’s iPhone, Palm Inc. is poised to post an unexpected second-quarter loss after sales missed its forecast due to delays in shipping their products.The stock has lost more than half its value this year and revenue fell to as little as $345 million in the period ended Nov. 30.

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