Since PALM is the pinicle in handhelds now the below will only throw more water on the fire. SLUMP means jump and ask question later. HAND of course is the weaker of the three since they have to pay PALM, where as RIMM has created a franchise.
RIMM, HAND, and PALM have been tragets more so now.
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<<AN FRANCISCO, Dec 20 (Reuters) - Personal organizer maker Palm Inc. <PALM.O> expects sales to slump slightly in the third quarter from the quarter just ended in a seasonal turn intensified by parts shortages, the company's chief financial officer said on Wednesday.
Judy Bruner told a conference call that Palm's revenues for the third quarter, December to February, would be $465 to $490 million and sales for the entire fiscal year would be $1.9 to $2.0 billion. Sales in the quarter ended December 1 were $522 million.
Palm books revenue when it sends products to distributors, so most of its holiday revenues are recorded in October and November, the company said.
"Component constraints will ease in the February or March time frame," she said.
Earnings per share would be in line with current Wall Street estimates, she said.
"If you do the math in terms of the earnings guidance," she said after detailing forecasts, "you would arrive at earnings estimates in that range of approximately 1 cent for Q3 and 3 cents for Q4." >> |
