Monday, March 3, 2003
Palm Warning Indicative Of 2003 PDA Market?
Posted by Ed Hansberry in "THE COMPETITION" @ 09:00 AM
A few weeks ago I posted on a report from UBS Warburg that stated the 2003 handheld market would rise and the Pocket PC would be the primary beneficiary of this uptick. Palm would actually sell less.
This morning Palm warned that revenues for their third quarter (Dec-Feb) would be closer to $205-210 million vs. the projected $250 million.
"Palm, which has the largest share of the handheld market, suffered alongside the overall market during 2002. Worldwide shipments of handhelds declined by about 9 percent year over year to 12.1 million units during 2002, according to market researcher Gartner Dataquest. Palm shipments declined about 12 percent to 4.4 million in 2002, the research firm said."
Do you think Palm's problems are indicative of things to come for the entire market or is this a misstep on Palm's part that won't affect HP, Toshiba, Dell, Sony and other handheld manufacturers?
This morning Palm warned that revenues for their third quarter (Dec-Feb) would be closer to $205-210 million vs. the projected $250 million.
"Palm, which has the largest share of the handheld market, suffered alongside the overall market during 2002. Worldwide shipments of handhelds declined by about 9 percent year over year to 12.1 million units during 2002, according to market researcher Gartner Dataquest. Palm shipments declined about 12 percent to 4.4 million in 2002, the research firm said."
Do you think Palm's problems are indicative of things to come for the entire market or is this a misstep on Palm's part that won't affect HP, Toshiba, Dell, Sony and other handheld manufacturers?
