Palm (PALM) dropped after the mobile-device maker forecast slashed results for the quarter ended Dec. 1 due to a delay of the launch of its Treo 750 product.The Sunnyvale, Calif.-based company now expects GAAP earnings of 10 to 11 cents a share, which compares with its previous guidance of 15 to 16 cents a share. Revenue guidance was cut to a range between $390 million and $395 million from the prior outlook of $430 million to $450 million. Palm had expected the Treo 750 to ship during the current quarter, but due to certification delays it now expects the product to ship during the following quarter. Shares were down 69 cents, or 4.5%, to $14.68.
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