Palm smartphone sales take a fall, why is this?
Palm need to prove that they can turn sales around, even though they are up slightly from last year its sales took a fall from previous quarter.
Palm has two great smartphones named the Palm Pre and of course the new Pixi, but this did not stop the decline in sales from the previous quarter. The company shipped 783,000 smartphones to retailers in its fiscal second quarter, which ended November 27, this means that they were up 41-percent when you compare it to the second quarter last year, but down 5 percent compared with the first quarter.
“We’re still in the early stages of a long race,” Jonathan J. Rubinstein, chief executive of the company, said in a statement. For the second quarter, Palm reported a net loss of $85.4 million, or 54 cents a share, compared with a loss of $508.6 million or $4.64 a share, in the same period a year earlier, which included a charge for a tax provision.
Surely Palm sales are down because of rivals such as Apple with its upward iPhone sales, and then you have the all new Motorola Droid and what about the upcoming release of the brand spanking new Google Nexus One Phone, surely Palm sales will continue to drop unless they come out with some special smartphone with a difference.
Source – New York Times