Palm Sees Low Profits Due to Treo Delays
By: Charles Douglas | Dec 20th, 2006 at 12:03PM
Treo 750, Treo 750 where are you? Profits were down 12 percent this quarter due to increased production costs and the delay of the Treo 750. A month ago Palm lowered its revenue forecast to try to accomodate for the non-existent low sales figures. Apparently Palm cited that "a delay by a U.S. cell phone carrier in ensuring the Treo 750 works seamlessly with the carrier’s network" was part of the cause for their low profits, *cough* Cingular *cough*.
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