Q2 Financial Report Brings More Bad News To Palm

Posted by Shel in Palm on December 2, 2008 4:02 am / no comments

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It just gets worse and worse for Palm. Ã‚Â Early results on Q2 for fiscal year 2009 shows a 45% drop in revenue, which for a company that has nothing, nada, zilch to offer in the way of new and exciting, is extremely bad news. Ã‚Â Recently Palm announced voluntary layoffs and staff reductions as its quarterly results continue to tank under the weight of a less than exciting product line and an economic downturn. Ã‚Â

Even if Palm does have a brand new OS ready to unleash in 09, I’m not so sure they’re going to make it to that release date.

Tags: Palm