Palm, Inc. (NASDAQ:PALM) has reported total revenues for the second quarter of 2010 as $78.1 million. It’s gross profit was reported as $5.5 million, and the gross margin was 7.0%. The financial results include the impact of subscription accounting applied to Palm® products. The full financial report may be read online at http://investor.palm.com/.
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The financial results were reviewed during a conference call following the release of the second quarter earnings. The conference call is available via telephone replay until December 24 at 800.642.1687, or 706.645.9291 for international listeners, pass code 43773355. A webcast is also on the company’s investor relations website.
Palm, Inc. (Palm) is a provider of mobile products for individual users and business customers worldwide. Palm’s products for consumers, mobile professionals and businesses include Palm Pre, Treo and Centro smartphones, as well as software, services and accessories. The Company sells its products in two product lines: smartphones and handheld computers. The Company’s smartphones provide a range of productivity tools, and personal and entertainment applications. Functionality and features found in all Palm smartphones include support for various mobile telecommunications standards used to transmit voice and data; wireless data applications, such as e-mail, messaging and Web browsing; wireless communication capabilities, such as Bluetooth and/or wireless fidelity (Wi-Fi); multi-media features and productivity software; instant-on, one-touch access, and non-volatile flash memory that protects stored data.
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