*Source: One More Thing Blog (News.com) (
http://www.news.com/8301-13579_3-983...tag=nefd.top)*
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It's not going to be a happy holiday season for Palm employees.
The company issued a statement (
http://investor.palm.com/pressdetail...leaseID=280177) after the close of the market Thursday warning that revenue for its second fiscal quarter would be about $30 million less than it had predicted. In addition, its gross margin is expected to be about four points lower. It's just the latest item of bad news from a company that can't wait for 2007 to end.
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