Palm, Inc.

News and overview for Palm, Inc.

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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