RIM earnings up huge, Palm loses ground
Added on 2007-06-29 11:46:00
by Randall Bennett
 Both mobile device maker RIM and Palm reported earnings yesterday, and most people reading WirelessInfo probably realize RIM hit a sweet spot with the BlackBerry Pearl, while Palm continues to reel from a lack of innovation. It should come as no surprise that RIM reported blockbuster earnings, rising 73% this quarter gaining $1.06 per share, compared to Palm's 15 cent per share loss. And while we're no stock analysts, we don't see too much changing in the way of Palm and RIM's future. RIM is on track to ship a version of the Pearl 2, adding much more multimedia rich features to an already stellar device, while Palm is planning to release the Foleo, a "mobile companion" device we consider to be DOA.
[Via Cellular-News]
|
|
