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Palm, Inc. Timeline Tuesday, October 7     Author
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Palm closes retail stores, settles suit
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3Q earnings fall short of expectations


March 2008 ... more > Top ^

Mar.20
  Palm Inc. posted a loss as the troubled smart phone maker's product lineup struggled against iPhone and BlackBerrys


January 2008 ... more > Top ^

Jan.25
  Palm was closing 8 standalone Palm stores and 26 stores found inside Airport Wireless outposts


year 2007 Top ^

Dec.18 Losses Widen
  Palm Inc. swung to a loss in the 2nd quarter amid withering competition from consumer electronics rivals, troublesome warranty costs
Dec.13 Troubled Palm pares staff to cut expenses
  The troubled maker of Treo smart phones, laid off about 10% of its work force. Some layoffs were made as part of a restructuring Jun.4 Palm Sells 25% Stake to Buyout Firm
  Smartphone maker will sell a 25% stake to private equity firm Elevation Partners for $325 million. 2 board members will resign
Apr.11 Palm readies a Treo with Linux inside  Palm is planning to introduce a Treo that runs on a Linux operating system in a bid to boost worldwide sales of its smart phones

year 2006 Top ^

Jun.29 Profit Soars, Stock Drops
  Strong sales of Treo smart phones. Shares sank more than 8% after a weaker-than-expected outlook Mar.23 Profits Soar

year 2005 Top ^

Dec.20 Profit jumps on tax benefit
Sep.27 Bill Gates visits
  Bill said he relishes the chance to work with Palm and combine the two company's technologies
Sep.24 Microsoft, Palm to join forces on phone
  Former rivals are teaming up to release a new Treo smart phone that will run on Microsoft's operating system Sep.22 Earnings Fall 7.1% in 1Q May.25 PalmOne to go back to its old name

year 2004 Top ^

Oct.5 PalmOne, Microsoft in deal on e-mail Oct.4 Memory-packed handheld organizer Sep.30 PalmOne settles class-action lawsuit May.7 PalmOne Launches Retail Stores

year 2003 Top ^

Oct.28 Stakeholders approve spinoff, acquisition  Shareholders have approved spinoff of software unit and acquisition of Handspring Inc. Aug.17 Palm will change its name to palmOne  The new name will immediately follow the official split of the hardware and software units Jul.27 Jeff Hawkins is returning to Palm
Jul.22 Handspring Quarterly Loss Narrows. Mountain View Jun.24 4th-quarter loss narrows  Buoyed by sales of new products, Palm reported a net loss of $15 million, or 51 cents per share Jun.4 Palm to merge with Handspring Jan.13 New handwriting software for handhelds  Palm Inc. will dump its homegrown handwriting software for a system called 'Graffiti 2 powered by Jot'

year 2002 Top ^

Dec.18 Reports surprise 2nd-quarter profit  Handheld computer maker's profit of $3.5 million is whipping analysts' expectations by 27 cents per share
Oct.28 2 new handheld computers introduced  New Tungsten T is the company's first with built-in Bluetooth technology. The Tungsten W is for shipment to Europe Oct.7 Zire, first handheld computer under $100  Zire has a sleek housing look differing from previous Palms, but doesn't boast any new software features Jun.25 Quarter loss matches expectations  Handheld computer maker reported a fourth-quarter loss in line with reduced Wall Street expectations Jun.9 New operating system: Palm OS 5  A much-needed major upgrade is a crucial weapon in a battle to remain dominant in the competitive handheld market May.30 Revenue outlook lowered  Fourth quarter will be approximately $230 million. The company won't yet achieve profitability as a result Mar.21 Palm beats Wall Street expectations
  For the 3 months ended March 1, Palm it earned $2.9 million, or a penny a share

year 2001 Top ^

Dec.19 Narrower-than-expected loss  For the 3 months ther is a net loss of $25.2 million, or 4 cents a share Nov.28 250 jobs to cut, revenue as expected  Cuts will reduce work force by 16%. Handheld device maker revenue will range from $250 million to $280 million Nov.8 CEO Yankowski resigns
  Eric Benhamou, chairman, will take his place until a permanent replacement Jun.1 Palm to cut jobs, names new COO May.17 Palm Slashes Forecast

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