{"id":99712,"date":"2009-12-17T16:08:01","date_gmt":"2009-12-17T21:08:01","guid":{"rendered":"http:\/\/www.palminfocenter.com\/news\/6652\/palm-reports-q2-fy-2010-results\/"},"modified":"2009-12-17T16:08:01","modified_gmt":"2009-12-17T21:08:01","slug":"palm-reports-q2-fy-2010-results","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/99712","title":{"rendered":"Palm Reports Q2 FY 2010 Results"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.palminfocenter.com\/images\/uploads\/palm-logo-2009.png\" class=\"right\" alt=\"Palm Logo 2009\" \/><br \/>\n<a href=\"http:\/\/www.tkqlhce.com\/click-645730-10468054?url=http:\/\/www.palm.com\/\">Palm, Inc<\/a>. today reported that total revenues in the second quarter of fiscal year 2010, ended Nov. 27, 2009, were $78.1 million. Gross profit was $5.5 million, and gross margin was 7.0 percent. These results include the effects of subscription accounting applied to Palm webOS products as required by GAAP. In accordance with this methodology, revenues and direct cost of revenues for Palm webOS products (currently Palm Pre and Palm Pixi smartphones) are deferred and recognized over the products&#8217; estimated economic lives.<\/p>\n<p>\n&#8220;We are continuing to execute strongly against our long-term strategy with the delivery of Palm Pixi, the new carrier launches completed this quarter, and the upcoming opening of Palm&#8217;s full developer program,&#8221; said Jon Rubinstein, Palm&#8217;s chairman and chief executive officer. &#8220;We&#8217;re still in the early stages of a long race, and we&#8217;re energized by the opportunity to compete in this exciting market. We remain confident that Palm&#8217;s innovative product design capabilities, integrated cloud services and the differentiated and delightful Palm webOS experience will provide the foundation for our sustained success.&#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=b66bc227705431c14d9839e9762493e0&#038;p=1\"><img decoding=\"async\" alt=\"\" style=\"border: 0;\" border=\"0\" src=\"http:\/\/ads.pheedo.com\/img.phdo?s=b66bc227705431c14d9839e9762493e0&#038;p=1\"\/><\/a><br \/>\n<img loading=\"lazy\" decoding=\"async\" alt=\"\" height=\"0\" width=\"0\" border=\"0\" style=\"display:none\" src=\"http:\/\/a.rfihub.com\/eus.gif?eui=2226\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Palm, Inc. today reported that total revenues in the second quarter of fiscal year 2010, ended Nov. 27, 2009, were $78.1 million. Gross profit was $5.5 million, and gross margin was 7.0 percent. These results include the effects of subscription accounting applied to Palm webOS products as required by GAAP. In accordance with this methodology, [&hellip;]<\/p>\n","protected":false},"author":689,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-99712","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/99712","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=99712"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/99712\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=99712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=99712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=99712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}