Palm yesterday reported a net loss of $98 million for its fiscal third quarter compared with a loss of $57 million a year earlier.
Shares of handset maker Palm charged up 7.5 percent in premarket trading today after an analyst upgraded the company
Shares of smartphone maker Palm jumped this morning after the company said it planned to raise $83.9 million with a new stock offering.
Smartphone maker Palm said it will remarket more than $49 million of shares acquired by venture-capital firm Elevation Partners.
If you don’t want to wait 10 days to get a Palm Treo Pro from Sprint, go to Alltel – it already has it on the shelf.
After being delayed for a month, the Palm Treo Pro smartphone will be available to Sprint customers on March 15.
Companies in today's news: Nokia, Qualcomm, iSuppli, Texas Instruments, InterDigital, Global Wireless Technologies, Palm, Bell Mobility, PCTEL
Samsung Telecommunications America and T-Mobile USA, along with photographer and model Helena Christensen, officially unveiled the Samsung Memoir
LAS VEGAS—Palm created buzz in the halls of CES yesterday with the launch of its Palm webOS platform and the new Palm Pre, based on the platform.
Palm said it lost $508.6 million in its second fiscal quarter of 2009, with revenue of $191.6 million.
Palm may unveil its long-awaited new mobile operating system at the Consumer Electronics Show next month.
Numerous cell phone blogs reported that Palm recently leaked the details of its next high-end smartphone, the Treo 750, on its own Web site.
It’s unlikely that any mobile device will match the Apple iPhone in a gadget popularity contest, but the Palm Centro’s social calendar is filling up on its own.
Palm’s Centro might be a big hit, but lower sales of Windows Mobile-based Treos and declines in other handheld products led to reduced revenues for Palm’s fourth fiscal quarter.
Verizon Wireless will begin offering Palm’s Centro smartphone beginning tomorrow.
Palm posted a quarterly loss of $31.5 million or 30 cents a share for its third fiscal quarter, which ended Feb. 29, compared with a profit of $11.8 million
AT&T and Palm announced the availability of the Palm Centro from AT&T for $99.99.
Shortly after Palm announced the availability of the Centro in Europe, AT&T announced that it has begun selling the entry-level smartphone for $99.99.
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