Monday, July 22, 2002
Socket Communications continues growth
Posted by Andy Sjostrom in "NEWS" @ 01:36 PM
http://www.businesswire.com/cgi-bin/f_headline.cgi?bw.072202/222030345&ticker=SCKT&ticker=SOK
It's nice to see that our friends at Socket Communications do well. They report a record revenue of $4.6 million, up 62% over the previous year. The press release mentions bluetooth module and connectivity product sales as drivers of growth. The following is a couple of paragraphs from the press release mentioning Pocket PCs. (Highlights are not in original text)
"Compared to the previous quarter, sales growth reflected increased sales of Bluetooth modules and interface chips as customers moved from the design stage to the production stage with products containing these embedded connection products. Growth also resulted from increases in the sale of plug-in CompactFlash connectivity cards for Pocket PCs. These increases were partially offset by moderate declines in bar code scanning, due to rapid growth in previous quarters and the timing of order deliveries, and lower serial card sales. ... Bar code scanning growth as compared to the previous year has resulted from the increasing adoption of Pocket PCs and Windows CE tablets for bar code scanning applications and the increasing availability of these lightweight portable computing platforms. Growth in embedded products and services reflects the maturing of this business as projects move from the design phase into the production phase."
It's nice to see that our friends at Socket Communications do well. They report a record revenue of $4.6 million, up 62% over the previous year. The press release mentions bluetooth module and connectivity product sales as drivers of growth. The following is a couple of paragraphs from the press release mentioning Pocket PCs. (Highlights are not in original text)
"Compared to the previous quarter, sales growth reflected increased sales of Bluetooth modules and interface chips as customers moved from the design stage to the production stage with products containing these embedded connection products. Growth also resulted from increases in the sale of plug-in CompactFlash connectivity cards for Pocket PCs. These increases were partially offset by moderate declines in bar code scanning, due to rapid growth in previous quarters and the timing of order deliveries, and lower serial card sales. ... Bar code scanning growth as compared to the previous year has resulted from the increasing adoption of Pocket PCs and Windows CE tablets for bar code scanning applications and the increasing availability of these lightweight portable computing platforms. Growth in embedded products and services reflects the maturing of this business as projects move from the design phase into the production phase."
