Palm, Inc.
News and overview for Palm, Inc.
Palm shares push up following upgrades - MarketWatch
MarketWatch | 6 days 16 hours 49 minutes ago
By midday trading Tuesday, Palm shares were up nearly 5% at $12.41. They've slumped by more than a third since peaking above $18 in late September.
Palm shares rise as Pixi smartphone comes on deck - MarketWatch
MarketWatch | 9 days 12 hours 59 minutes ago
Palm
Evening-session investors may keep Palm, Dell busy - MarketWatch
MarketWatch | 10 days 14 hours 43 minutes ago
Analysts are optimistic about Palm's prospects, but they also note that the company needs to expand its webOS devices to other carriers in order to be successful. Read more about Palm's Pixi launch.
AMD gives back some gains; Juniper, Palm advance - MarketWatch
MarketWatch | 10 days 19 hours 19 minutes ago
The Morgan Stanley High Tech 35 Index /quotes/comstock/10t!msh.x (MSH 552.29, +5.08, +0.93%) was up 0.3%.
Palm downgraded to underperform at BMO - MarketWatch
MarketWatch | 27 days 22 hours 37 minutes ago
Life Technologies net income, revenue double
BP, Valero, U.S. Steel, Palm and more in focus - MarketWatch
MarketWatch | 27 days 22 hours 21 minutes ago
See Europe Markets for more.See Asia Markets for more.
Dell to launch smartphone in China, Brazil - MarketWatch
MarketWatch | 9 days 12 hours 59 minutes ago
The computer giant has long been rumored to be working on a mobile device. It already sells laptop and netbook computers with wireless technology built in.
Motorola reportedly eyes sale of networks unit - MarketWatch
MarketWatch | 12 days 17 hours 6 minutes ago
When it was launched a year ago, the Blackberry Bold was big on features but short on style. WSJ's Katie Boehret says the newer model is sleeker and more compact, while retaining many of the same features.
Is Research In Motion now too cheap? - MarketWatch
MarketWatch | 21 days 14 minutes ago
Ironically, this sell-off has made the stock significantly cheaper than any of its rivals, on a valuation basis.
Semis power early tech sector rally - MarketWatch
MarketWatch | 12 days 19 hours 56 minutes ago
Investors again focused on the chip sector which has had an incredible run over the past few months, despite concerns about the direction of the tech market and the overall economy.
Wall Street embraces Hewlett-Packard's 3Com buy - MarketWatch
MarketWatch | 11 days 21 hours 23 minutes ago
H-P plans to acquire network-equipment maker 3Com for $2.7 billion.
Motorola Droid sees good start, analysts say - MarketWatch
MarketWatch | 14 days 10 minutes ago
Motorola
Tech stocks find momentum in early trading - MarketWatch
MarketWatch | 21 days 19 hours 7 minutes ago
Ruiz had previously been chief executive and chairman of AMD, which recently spun off its manufacturing facilities to create Global Foundries. See full story.
AMD, Google lead early tech rally - MarketWatch
MarketWatch | 42 days 20 hours 34 minutes ago
Analyst Uche Orji said the upgrade was based partly on "improved near term expected growth as our recent checks show that a PC market tailwind is lifting both Intel and AMD."
Verizon, Sprint, Motorola to weigh in - MarketWatch
MarketWatch | 31 days 17 hours 6 minutes ago
Verizon is expected to show continued strength in wireless operations when it reports earnings on Monday.
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Company Overview
| Company: | Palm, Inc. |
|---|---|
| Industry: | Wireless Telephone Handsets |
| Website: | http://www.palm.com |
Palm is trying hard to reverse its loosening grip on the mobile communications market. Historically the leading provider of handheld computers, the company now primarily markets Internet-enabled mobile phones (also known as smart phones). Its phone line includes the entry-level Centro and more advanced Treo and Pre lines. The company sells its products directly and through distributors, wireless service carriers, retailers, and resellers. Its carrier partners include AT&T, Sprint Nextel, and Verizon Wireless. The company markets its products globally; however, the majority of its revenue comes from sales in the US. Palm traces its roots back to 1992.
Key Numbers
| Sales in U.S. Dollars (mil.) | 735.9 (2009) |
|---|---|
| One-year % Growth in Sales | -44.2 (2009) |
| Net Income in U.S. Dollars (mil.) | -732.2 (2009) |
| One-year % Growth in Net Income | 0.0 (2009) |
| Number of Employees | 939 (2009) |
| One-year % Growth in Number of Employees | -10.6 (2009) |
| Fiscal Year-End | May |