Palm’s 10-K filing reveals smaller acquisitions, reads like a mystery novel

July 28th, 2008 by

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So Palm, what exactly have you been up to lately? Besides pumping out that tired, ho hum 800w, of course. The snoopers over at monoNews went and dug through your latest 10-K filing, and it seems as if that noteworthy Elevation Partners deal wasn’t the only agreement you were wrapped up in during the past little while. As a matter of fact, we’re seeing that during February of 2007, you “acquired the assets of two sole proprietorships [at a cost of $19.2 million] focused on mobile computing and media devices, one a developer of user interface environments and the other a developer of email software applications.” Oh, and in October of last year, you “acquired substantially all of the assets [for $500,000] of a corporation focused on developing solutions to enhance the performance of web applications.” Curiously, you nonchalantly failed to mention any names, but it’s pretty clear that those new pick-ups weren’t utilized in the last 16 months or so.

[Via mocoNews, image courtesy of DayLife]

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Posted in Palm, acquisition, business, industry, quarterly reports, QuarterlyReports, acquired, quarter, quarterly, 10-k, acquire, sole proprietorships, SoleProprietorships | No Comments »

Palm claims larger share of smartphone market, has Centro to thank

June 2nd, 2008 by

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What’s this? Some joyous news on the Palm front? No need to Windex your spectacles — the aforementioned handset maker has indeed managed to up its share of the smartphone market from 7.9% in the fourth quarter to 13.4% today, largely thanks to the popularity of its Centro. In general, analysts seemed quite pleased by the gains, noting that it (along with RIM) were able to take advantage of the 7.5% skid experienced by Apple during the same period. Despite the recent gains, Palm’s market share is still down from 23% in Q1 a year ago, but considering the sweeping slump in cellphone sales of late, we’d say this should still go down as a victory — however minor — for the firm.

[Via Palm InfoCenter]

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Posted in Palm, centro, sales, business, industry, market share, MarketShare, quarter, gains | No Comments »

Microsoft trumpets record second quarter results

January 24th, 2008 by

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It seems as if Nokia’s not the only mega-corp on the block with good news to proclaim to Wall Street today, as the giant from Redmond is proudly announcing record second quarter results and pinpointing “robust holiday sales and enterprise demand drive” as the culprit. In the three months ending December 31, 2007, Microsoft pulled in some $16.37 billion in revenue and $6.48 billion in operating income, which translated to 30-percent and 87-percent growth in each area, respectively. The outfit also took the chance to mention that sales of Windows Vista had surpassed 100 million licenses, and Kevin Johnson, president of the Platforms and Services Division, even noted that it was “looking forward to the release of its first service pack later this quarter.” You and just under 100 million others, we’d surmise.

 

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Nokia grabs 40% of global handset market, nets $2.6 billion in Q4

January 24th, 2008 by

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Although it does sound as if the much protested plant closing in Bochum, Germany will indeed leave around 2,300 workers sans a job, the street was still loving what Nokia had to talk about today. In its latest earnings report, the firm announced that it raked in €15.7 billion ($22.76 billion) in revenues and €1.8 billion ($2.6 billion) in net profit from October to December 2007. Furthermore, the firm managed to move a record 133.5 million handsets in the aforementioned period, which is up some 27-percent from Q4 a year earlier. That sales surge enabled the handset maker to grab hold of 40-percent of the global cellphone market, and apparently, bigwigs at the company aren’t expecting things to plateau in 2008. Needless to say, things are pretty spirited in Helsinki right about now, so feel free to tag the links below for even more jaw-dropping figures.

Read - Nokia 4Q profits up 44 percent, market share reaches 40 per cent
Read - Nokia’s Q4 2007 report

 

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