{"id":444356,"date":"2010-03-18T17:36:01","date_gmt":"2010-03-18T21:36:01","guid":{"rendered":"http:\/\/www.palminfocenter.com\/news\/6538\/palm-reports-q3-fy-2010-results\/"},"modified":"2010-03-18T17:36:01","modified_gmt":"2010-03-18T21:36:01","slug":"palm-reports-q3-fy-2010-results","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/444356","title":{"rendered":"Palm Reports Q3 FY 2010 Results"},"content":{"rendered":"<p><a href=\"http:\/\/www.tkqlhce.com\/click-645730-10468054?url=http:\/\/www.palm.com\/\">Palm, Inc<\/a>. today reported that total revenues on a GAAP basis in the third quarter of fiscal year 2010, ended Feb. 26, 2010, were $349.9 million. Gross profit and gross margin on a GAAP basis were $47.0 million and 13.4 percent, respectively. In accordance with two recently released accounting standards related to revenue recognition, these results include the effects of accounting for multiple-element arrangements, including ratable revenue recognition for the future deliverables for Palm webOS products as required by GAAP.<\/p>\n<p>\n&#8220;Our recent underperformance has been very disappointing, but the potential for Palm remains strong,&#8221; said Jon Rubinstein, Palm chairman and chief executive officer. &#8220;The work we&#8217;re doing to improve sales is having an impact, we&#8217;re making great progress on future products, and we&#8217;re looking forward to upcoming launches with new carrier partners. Most importantly, we have built a unique and highly differentiated platform in webOS, which will provide us with a considerable &#8211; and growing &#8211; advantage as we move forward.&#8221;\n<\/p>\n<p><br clear=\"both\" style=\"clear: both;\"\/><br \/>\n<br clear=\"both\" style=\"clear: both;\"\/><br \/>\n<a href=\"http:\/\/ads.pheedo.com\/click.phdo?s=3a53d1c4ccb870174f24f35de326199d&#038;p=1\"><img decoding=\"async\" alt=\"\" style=\"border: 0;\" border=\"0\" src=\"http:\/\/ads.pheedo.com\/img.phdo?s=3a53d1c4ccb870174f24f35de326199d&#038;p=1\"\/><\/a><br \/>\n<!-- foo --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Palm, Inc. today reported that total revenues on a GAAP basis in the third quarter of fiscal year 2010, ended Feb. 26, 2010, were $349.9 million. Gross profit and gross margin on a GAAP basis were $47.0 million and 13.4 percent, respectively. In accordance with two recently released accounting standards related to revenue recognition, these [&hellip;]<\/p>\n","protected":false},"author":689,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-444356","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/444356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/689"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=444356"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/444356\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=444356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=444356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=444356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}