By the miracle of smartphone innovation, Palm (PALM Quote) has risen off its deathbed. However, it still can't move under its own power.
Palm shares shot up 12% after the company posted better-than-expected results late Thursday. The Sunnyvale, Calif.-based gadget maker sold exclusive partner Sprint (S Quote) 59,000 phones in its fourth quarter, which is about 9,000 more than analysts expected and enough to make a wee bit of difference in the company's minuscule and unprofitable financials.- Loading Comments...
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