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Both Sides of Palm Reveal a Better-than-Expected Quarter
Palm's slices look fine, and so does the pie.
Palm (PALM Quote) investors got a look at the two pieces of the PDA leader's business Thursday. But Palm eclipsed the historic breaking apart of its operating system and hardware into segmented income statements with bang-up revenue and a net profit in the quarter.
Combining some holiday bonanza with January and February's lull, Palm's total revenues grew 1% sequentially to $292.7 million, trouncing Wall Street expectations of $251 million in revenue and a 4-cents-a-share loss, according to Multex.com. ...
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