Turnover increases 36 per cent in Q3
Handheld manufacturer Palm has posted a 36 per cent year on year rise in turnover for the third quarter of 2006.
Quarterly turnover was $388.5m and profit for the third fiscal quarter was $29.9m. The vendor also shipped 564,000 Treo smartphones.
Ed Colligan, president and chief executive of Palm, said: "We delivered strong results this quarter, a result of solid execution against company objectives. We extended our record of double-digit year-over-year revenue growth and profitability gains.
"Smartphone sell-through reported by our carrier partners more than doubled over the year-ago period, validating our strategic decision to support multiple open platforms and offer a choice of smartphones based on either Windows Mobile or Palm OS," added Colligan.
Handheld manufacturer Palm has posted a 36 per cent year on year rise in turnover for the third quarter of 2006.
Quarterly turnover was $388.5m and profit for the third fiscal quarter was $29.9m. The vendor also shipped 564,000 Treo smartphones.
Ed Colligan, president and chief executive of Palm, said: "We delivered strong results this quarter, a result of solid execution against company objectives. We extended our record of double-digit year-over-year revenue growth and profitability gains.
"Smartphone sell-through reported by our carrier partners more than doubled over the year-ago period, validating our strategic decision to support multiple open platforms and offer a choice of smartphones based on either Windows Mobile or Palm OS," added Colligan.
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