Yesterday, Palm held its Investor call for the second quarter of fiscal year 2010. Where, not only did they talk sales numbers but, also some of their plans for the next year. Starting with sales, they made $5.5 million, their up 41% from the same quarter last year and they sold 784,000 devices in this quarter. Which, is actually down from 823,000 for the last quarter. Although, under GAAP they still lost $85.4 million which is still an improvement from the last quarter of a $164.5 million loss. Also, it's worth noting that Palm has $590 million in cash and other investments currently on hand. Some plans for the next quarter/year are to grow carrier and geographic coverage, which is not such a bad idea. Palm is also noting that there are over 800 apps in the US App Catalog so far and once they graduate from early access program only submissions they expect to see a "flow" of apps. Also, Palm currently has no plans to change its development strategy. Another big piece of news is that Palm has confirmed WebOS 1.3.5 and it looks like it will be a stability/speed update but, we'll get into more detail when more becomes available. Overall, it seems as though Palm is slowly but surely progressing back from the brink, they still have a ways to go but they're getting there.
Source: Palm, Engadget and PreCentral
