With sales falling well short of even its worst forecasts and its cash dwindling, Palm faces a number of tough decisions in the coming months.
Palm issued a double dose of bad news after the bell Thursday. The handheld maker warned that revenue in its current quarter will come in at roughly half its forecast, which had already been sharply curtailed. In addition, Palm said it will not acquire Extended Systems.
Palm executives have their hands full. With sales falling well short of even its worst forecasts and its cash dwindling, Palm faces a number of tough decisions in the coming months.
SAN FRANCISCO (Reuters) - New semiconductor manufacturing technology developed by Intel Corp. (NasdaqNM:INTC - news) could mean that fanciful, ``Star Trek''-like gizmos are a lot closer to reality than most people might think.
OTTAWA (Reuters) - In a move that takes its technology one step closer to the consumer market, Kasten Chase Applied Research Ltd. (Toronto:KCA.TO - news) said on Thursday that its data security products will help protect handheld communication devices powered by Palm Inc. (NasdaqNM:PALM - news).
In the latest in a series of price cuts, Palm plans to announce later Friday that it has chopped the price of its wireless Palm VIIx.
Shares of Research In Motion stumbled Thursday after a Merrill Lynch analyst questioned whether one of RIM's resellers has too many BlackBerry e-mail pagers in inventory.
The Pocket Printer A6 is the size of a paperback and prints from PDAs or notebooks with no ink cartridge or ribbon.
Palm has seen its share of the European handheld market slip over the past year, according to a report released Wednesday.
Japan's domestic shipments of handheld computers rose 20 percent to 912,000 last year as new models triggered demand, market researcher IDC Japan said Wednesday.
OmniSky plans to announce Wednesday that it will offer wireless Internet service for Compaq Computer iPaqs--for a higher monthly fee than it charges owners of other handhelds.
A new wireless technology will allow consumers to make secure purchases on next-generation cell phones and wireless handhelds, Texas Instruments said Monday. The new security technology is a software library for TI's blueprint for wireless devices that use its digital signal processors. The blueprint is known as OMAP, or the Open Multimedia Applications Protocol.
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