Feb
25
2010

Palm sales ‘lower than expected,’ revenues to miss targets

Ruh-roh. Palm just confirmed what we heard from analysts yesterday : sales aren’t going so well. The company’s updated its third quarter financial guidance to say that consumer adoption of its products is “taking longer than expected,” leading to lowered order volumes from carriers and deferral of some orders to “future periods.” That certainly puts that “Chinese New Year” Pre / Pixi work stoppage in a slightly different context, doesn’t it

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