Palm reports loss, delays PalmSource spin-off

IDG News Service |  Hardware

The financial situation at Palm will get worse before it gets better. Palm expects fourth-quarter revenue to be between $185 million and $200 million, down 15 to 20 percent year over year, Bruner said. New handhelds will come out in the spring, but that launch will occur in the middle of the company's fourth quarter and probably have limited impact on its financial results, she said.

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