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Palm Deutschland GmbH Einsteinring 30 85609 Dornach-Aschheim, Germany http://www.palm.com
Contact Timm Caspari +49 89 55270620
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Palm Deutschland GmbH

Palm Reports Q4 and FY 2007 Results

Treo Smartphone Sell-through Marks Another Record in Fourth Quarter, Up 43% from Previous Year

(PresseBox) (München, )
Palm, Inc. (Nasdaq: PALM) today reported that total revenue in its fourth quarter of fiscal year 2007, ended June 1, was $401.3 million. Smartphone sell-through for the quarter reached a company record high, totaling 750,000 units, up 43 percent year over year. Smartphone revenue was $344.2 million, up 14 percent from the year-ago period.

Net income for the quarter was $15.4 million, or $0.15 per diluted share. Net income included stock-based compensation expense of $5.4 million and amortization of intangible assets of $1.0 million. This compares to net income for the fourth quarter of fiscal year 2006 of $27.2 million, lp n7.87 izr akwxdnl lcynk.

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