Palm revenues 41% down as Treo sales fall
Hot on the heals of their recently announced job cuts, according to ZDNet (UK), Palm is reporting a 41% shortfall in revenue compared to expectations for the second fiscal quarter. They announced revenue of just $198m compared to Wall Street expectations of $331.
Palm blamed this shortfall on a “reduced demand for maturing smartphone and handheld products”. What on earth does that mean? I’m no market analyst, but everywhere I look I see smartphones and handheld products. The problem for Palm is that they are not Palm smartphones or handheld products. Reduced demand, nonsense.
And what is “maturing” supposed to mean in this context? Do they mean people don’t any longer want old technology when there is newer, better technology available for lower prices? I’d go along with that.
File under “I never saw this coming”.
Filed under: Treo and Palm news
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Gee, guess Palm never thought that if they updated the Desktop Manager, fixed the bugs in the Treo 700p and kept progressing the Treo Palm line they could possibly compete with Blackberry?
File under “Go Figure”
What a suprise
Palm needs to fire their execs and start over.
But its already too late
With the Iphone, Windows mobile, Android and Blackberry, making exponential leaps, Palm simply cant catch up at this point
I guess its time to look at another phone
I feel so bad for Palm, I returned my TP b/c of GPS and Wi-Fi issues, I believe I’m another Palm goodbyer.
This is kind of unfortunate- I’ve always loved Palm devices and their OS. If the Palm lineup dies out, I’d be mourning.
one of the reason for fall back of plam is its poor marketing..!
in India it has been lanched an year back but till now majority of mobile users don’t know or havn’t heard about palm.
it’s sometime embarrassing for me when someone asks me “are you using chinese handset” considering the fact that chinese company handsets are seen wih disgraced.
PALM do something otherwise you will definately loose to iphones, blackberrys…..
palm makes some great phones, that makes me wander what the owners of the company doing with the money ? ? ? as long as my 650 stay running good and there is plenty on them for sale on the web why would i upgrade ?
Hi, I love Palm OS I have T650, T680 and Centro as well and used Tpro for some days WM is rubish after all these yers of using palm I will be moving to Blackberry coz my friends laugh at me coz I’m always using mobile without 3g network and wifi and always stucks, but if palm launches new version of Palm OS then surly I will be back to Palm, they better do something fast or they have to close down soon.
Tnx
Hmmmm, Palm insisted on killing the Treo line by making it exclusively WinceMob, and - surprise, surprise - WinceMob sucks and they aren’t selling well. Didn’t see THAT one coming…
Meanwhile they relegated frankengarnet to the Centro Playschool ghetto, selling them out at razor-thin margins and ain’t making much dough… WTF do you expect, Palm?
Where’s the next version of the OS we’ve been expecting for what - 7 years now? Ain’t a heck of a lot of diff except bugfixes from the Treo 600 onward - we can just buy used ones until there’s something compelling to buy “designed” out of Sunnyvale.
I had been a Palm fan for the first while, as well, and have become more and more disappointed as time has gone on. No updates, and then the refusal to include little trivial things - the Google Maps location plug-in, for example - was a bit of a slap in the face.
I held on to see if this new Linux based build of OS would make it by the end of this year… by February, I’m upgrading, and it’s not looking like it’ll be Palm. Shame.
Remember me? [Treonaut ring a bell? Probably not.]
I hate to say, “I told you so.”
About 2.5 to 3 years ago and way before the iphone juggernaut, I warned of Palm’s arrogance, ineptitude, and inability to compete in the emerging convergence market. I had started out as a huge Palm fan but watched in amazement as Palm “pissed away” its advantage. At the time, the main issues were a severely outdated OS, a sabotaged bluetooth stack and the absence of Wifi. Each new Palm device was supposed to have addressed these matters, but each successive device was a disappointment. To make matters worse, Palm decided to sell half-baked devices with WinMo. Imagine Wendy’s selling Burger King’s burger! LOL!! And who can forget the Fooleo?!
I remember handquake and I getting into it quite a bit. He was loyal to Palm and believed Palm would pull through. As for me, I saw the handwriting on the wall and bailed, opting for an MDA, WinMo device which I still own and use exclusively. That exchange is perhaps chronicled best in the thread “The Treo is dead. Long live the MDA!”
Well folks, Palm’s chickenzzzz have come hoooome to roost.
Despite many promises and the one financial bright spark (the Centro), Palm has consistently failed to deliver and will probably never live up to its early potential.
Personally, I do not believe Palm will recover from this ongoing debacle unless there are drastic changes in its topmost management and its development philosophy.
Well, I told you so.
Tsk.. Tsk…
Hopefully, this will give palm the boost it needs to get off their ass and make some new software, and phones that are up to date!!!!!!
Dammit.. The Centro is the future of Palm.. And it’s very sad that us centro owners are stuck with the same ANCIENT Palm Os 5 .. Yayy the millions of apps , but Who cares?
Palm needs to finish the supposed “NOVA” ASAP!!!
And i think they owe all of the Centro users a FREE upgrade to it , because i was pissed off when i turned on my centro to see that it was the same old ,dreaded, ugly, boring, complicated Palm OS 5..
UGH!! What Palm needs to do is finish NOVA and snatch it’s products back from Windows Mobile, and upgrade the Palm Centro(because it sold great)!!
Then they said Culligan is gonna leave the Centro line running on Palm Os 5 (wtf!!!) And the Treo Line running on WM(WTF!!)
Palm. Get it together.. You ALMOST made a comeback with the centro and the hardware adjustments.. U need newer software..Palm is getting boring , and that’s just the truth!
I was a longtime Palm handheld user (Palm III, Palm Vx, Palm VIIx) and bought a Treo 755p in January after using ‘dumb’ phones from Sony Ericsson and LG, to try to lessen the weight in my pockets. It makes me sad that all the warts that were on the Treo 600 are still around. The phone part has stabilized since the recent software update, but I see no roadmap for Palm to ditch its “has-been” label. Now I just hope that ACCESS can hold out without Palm long enough to release a non-beta, non-expiring version of the Garnet VM for Nokia Internet Tablets.
The sad thing is that Palm does not really have to do much to bring their producst up to date, but thats just my opinion.
Things that would bring in new palm customers:
-Stop charging for every app (G1 all apps are free)
-Stop causing 3rd party apps to crash phone
-update browser or allow users to be able to change default browser
-Better battery life or include extra batter with phones
-Improve bluetooth capabilities
-Stop charging to get tech support from Palm(that makes no sense when you thinki about it. Why should I pay for help with a product that I already bought from you)
These are just somethings that Palm could do
I remember a time when you mentioned PDA you were exclusively talking about Palm, wow times have changed
All told, my Palm is still the best smartphone I could buy. I had a 650, which was stolen, and I searched and researched before picking a replacement. I checked out iPhone - I wanted a real keyboard, and typeing my appointments on the touchscreen was frustrating. An Android phone was not available in my market, and the Palm already worked well with my prefered Linux desktop.
Having bought the Centro [i]at full price - thank you Rogers[/i], I have not been dissapointed. It does everything and more than much newer market offerings. I did have to pay for Audiogateway (bluetooth) and pTunes (music player), but now I have a 8gb wireless music player as well as a great smartphone.