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Palm swings to loss in 2Q amid delays

Tuesday, December 18, 2007

Palm Inc. swung to a loss in the fiscal second quarter amid withering competition from consumer electronics rivals, troublesome warranty costs and delays in shipping its products to consumers. The maker of the Treo smart-phone said Tuesday it lost $9.63 million, or 9 cents per share, on revenue of $349.63 million in the three months ended Nov. 30. In the year-ago period, Palm earned $12.77 ...
From: www.thestate.com

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