John Paczkowski

Recent Posts by John Paczkowski

Alms for Palm?

“We’re working through an undeniably difficult period.” That’s what Palm CEO Ed Colligan had to say about the company’s second-quarter earnings today. An honest admission, but something of a euphemism given Palm’s abysmal financial performance this quarter. After market close, the handset maker reported its sixth consecutive loss–$506.2 million, a dramatic increase from the $8.85 million it lost during the same period last year. Weighing heavily on the company’s bottom line: the global recession and customer attrition. More and more Palm users these days are opting for iPhones and BlackBerrys instead of Treos and Centros. Palm delivered 13 percent fewer smartphones in the quarter.

Palm’s (PALM) flaccid second-quarter performance comes in stark contrast to that of Research In Motion, which beat estimates for its fiscal third quarter and offered up a stronger-than-anticipated forecast for its fourth.

[Image Credit: Steve Isaacs]


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work