Search PalmPower Enterprise Edition's 188 Palm-related article archive 
Home
EasyPrint
News details Click here for the RSS feed's XML code. This is not a browser URL.
Articles-only Click here for the RSS feed's XML code. This is not a browser URL.
PALMPOWER ANALYSIS
News analysis: growth in Palm market
By Steve Niles

Believe it or not, there are still people out there who basically only use the four main Palm OS applications--Date Book, Address List, To Do List, and Memo Pad. If you're making effective use of your Palm handheld in the enterprise, however, you're most likely using some of the more than 13,000 applications currently available for Palm OS available from Palm, Inc. and the hundreds of third-party developers.

Someone is certainly using them, because overall sales of handheld software in U.S. retail channels tripled to 900,000 titles sold in 2001, up from 225,000 titles sold in 2000. Obviously, handheld usage is expanding well beyond personal information management. Palm handhelds are gaining even wider popularity when it comes to performing all manner of business and other productivity functions, gaming, and document reading.

According to NPDTechworld (at http://www.npdtechworld.com), a provider of market information, Palm OS based applications accounted for more than 97 percent of handheld software titles sold in the United States last year. Since software drives hardware, software sales are a good indicator of hardware sales, which supports the generally acknowledged fact that Palm handhelds dominate the marketplace.

Revenues up
Palm's recent success was further supported by the company's March 21 report that Palm's revenues of $292.7 million for the third quarter of fiscal 2002, ended March 1, were up 1 percent from the $290.6 million reported in the preceding fiscal quarter. While this is down from the comparable period last year, it's Palm's third consecutive quarter of improved financial results, suggesting that the economic slowdown that has hurt businesses of all kinds may be easing off.

In total, Palm reported pro forma net loss--excluding the effects of special excess inventory and related costs/benefit, amortization of goodwill and intangible assets, purchased in-process technology, separation costs, and restructuring charges--totaled $14.0 million, or $0.02 per share. This compares with pro forma net loss of $36.6 million, or $0.06 per share, reported in the second quarter of fiscal year 2002 and pro forma net income of $9.3 million, or $0.02 per share, for the third quarter of fiscal year 2001.

Actual net income for the third fiscal quarter, calculated in accordance with Generally Accepted Accounting Principles, was $2.9 million, or $0.01 per share, compared with a net loss of $25.2 million for the second quarter of fiscal year 2002 and a net loss of $1.9 million, or $0.00 per share, for the third quarter of fiscal year 2001.


1  ·  2  ·  Next »
Other articles you might like
Home > Extras > Editorials (118 articles)
   Say goodbye to the Uh-Ohs. Long live the Tens.
   Exploring the dark side of social networks
   Incident report: denial of service attack against ConnectedPhotographer.com
Home > Strategies > Palm, Inc. (17 articles)
   TealOS: great Palm software you are prohibited from buying
   An open letter to Palm CEO Ed Colligan about finding the win-win position
   Palm performs Foleo mercy killing
Get Weekly Email Updates
Subscribe to our regular weekly email newsletter. It's packed with tips, reviews, deep analysis, and the latest news.
 
More from the ZATZ journals
Computing Unplugged: The iPad defenders have spoken
David Gewirtz Online: CNN commentary and analysis
DominoPower: Application development, William Shatner, and the origin of the universe
OutlookPower: More about disappearing text
-- Advertisement --

NO HASSLE PHOTO PRINTING, SHARING, AND STORAGE -- AS LOW AS $2.54 PER MONTH
Discover an easier way to share, print and manage your photos online! Get your own online photo album site for sharing photos, as well as easy-to-use editing tools to make sure your photos look their very best. You can even order high quality prints directly from your album -- and have them delivered right to your door!

Best of all, you can also get login-free photo sharing at your personal domain name (if you have one), so your friends and family don't have to hassle with signing up or logging in just to view your pictures. It's the perfect solution for sharing, printing and storing all your favorite images!

And it's only from The Duck! Tap here to get started.

-- Advertisement --

Sent Items Organizer
When you need to file your sent email into their proper folders based on keywords or who it's to. It's also perfect for shared mailboxes.

It also adds a "Send And File" toolbar button while you're composing (similar to the way Lotus Notes used to work) for quick and easy filing.

Find out more!

ZATZ Home  ·  News  ·  Back Issues  ·  Credits/Trademarks ·  Link To Us
Copyright © 2000-2010, ZATZ Publishing. All rights reserved worldwide.
Editor's Login