Palm: Can Added Carriers Cure What Ails It?

For Palm (PALM), the question today boils down to this: Can the company improve its fortunes by selling its wares through Verizon (VZ) and AT&T (T)?

Palm shares are getting clobbered today after last night’s announcement of financial results for the fiscal second quarter ended November. While revenues were ahead of guidance, the company lost more money than expected in the quarter – and it warned that it would, beef up R&D and marketing spend going forward as it attempts to build up the brand. The company repeated its previous forecast of revenue for the May 2010 year of $1.6 billion to $1.8 billion; but it also conceded that sales through Sprint (S) have disappointed. Sell-through in the quarter was down 29 percent sequentially.

Read the rest of this post on the original site

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »