Palm posts $22m Q3 loss, 'making great progress on future produc...

Courtesy Engadget  Thu, 03/18/2010 - 15:40

Palm gave us a heads-up back in late February that its upcoming earnings report wouldn't exactly be cause for celebration, and today the news has become official: the outfit recorded a net loss of $22 million during its fiscal Q3, which still looks rosy compared to the $98 million loss it suffered this quarter a year ago.

All told, the firm shipped 960,000 smartphones in the period, which represents a 23 percent uptick from Q2 2010 and...


 

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