« Google Your Shared Stuff: social link sharing service | Main | Tab Mix Plus for Firefox »

September 20, 2007

Palm will report a loss; SVP engineer departs

Palm has warned that it might show a slight loss for the first fiscal quarter.

The company’s outlook for the quarter represents a substantial drop in earnings from the year-ago period, when the company had a profit of 16 cents a share, or 21 cents when special items were excluded.

The NY Times story reports that "Palm shares lost 29 cents in after-hours trading Wednesday."

Michael Farese, Palm's SVP of engineering, has accepted the position as the new CEO of BitWave Semiconductor.

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341bffa053ef00e5508646308834

Listed below are links to weblogs that reference Palm will report a loss; SVP engineer departs:

Comments

blog comments powered by Disqus