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Palmone Inc

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BUSINESS
January 7, 2005
PalmOne Inc., maker of the Treo mobile telephone and hand-held computer, won an appellate ruling that its hand-held computer systems don't infringe patents owned by NCR Corp.
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BUSINESS
October 16, 2005 | David Colker, Times Staff Writer
The two personal digital assistants from Palm Inc. that debuted last week -- the Z22 and the TX -- could be among the last of their kind. PDAs started out as a nerd craze in the mid-1990s and then gained mainstream acceptance for their ability to hold thousands of addresses and appointments in a pocket-sized gadget. But they have been on the decline recently, with sales down 20% last year to 2.7 million units, according to research firm NPD Group.
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BUSINESS
May 19, 2005
PalmOne Inc. began selling a new device that combines business and entertainment functions and targets Apple Computer Inc.'s iPod Photo digital players. The LifeDrive device has a 4-gigabyte micro-disk drive that can store and play digital music, photos and video, as well as access data generated by business programs from Microsoft Corp.
BUSINESS
May 25, 2005 | From Associated Press
The hand-held computer company that made its name with the Palm Pilot said Tuesday that it was changing its name back to Palm Inc. PalmOne Inc. said it agreed to pay $30 million over 3 1/2 years to the software company it spun off in 2003, PalmSource Inc., for the latter's 55% share of Palm Trademark Holding Co. PalmOne said it expected to change its name to Palm Inc. this year. Shares of PalmOne rose $1.58 to $28.84. Shares of PalmSource rose $1.15 to $10.04. Both trade on Nasdaq.
BUSINESS
May 8, 2004 | From Reuters
PalmOne Inc., faced with slumping sales of what was once a must-have consumer gadget, is taking hand-held computers directly to the public with its own retail stores. PalmOne unveiled its flagship store at Philadelphia International Airport, the 11th store the Milpitas, Calif.-based company has quietly opened since 2002.
BUSINESS
January 18, 2005 | From Bloomberg News
PalmOne Inc., maker of the Treo mobile telephone and hand-held computer, said Angel Mendez, head of global operations, would leave to become senior vice president of worldwide manufacturing at Cisco Systems Inc. Mendez, 44, joined PalmOne in July 2001, the Milpitas, Calif.-based company said. Prior to PalmOne, he was vice president of global supply chain management at Gateway Inc. From Bloomberg News
BUSINESS
March 18, 2005 | From Bloomberg News
PalmOne Inc., maker of the Treo mobile phone, had a third-quarter profit of $4.37 million on demand for its Treo models. The shares dropped 15% after hours after the company's sales and profit forecast missed analysts' estimates. Net income totaled 9 cents a share, compared with a net loss of $9.32 million, or 20 cents, a year earlier, the company said. Sales rose 18% to $285.3 million. Shares of Milpitas, Calif.-based PalmOne fell $3.56 to $20.
BUSINESS
October 6, 2004 | From Associated Press
Longtime foes PalmOne Inc. and Microsoft Corp. announced a licensing deal that would allow the next generation of PalmOne's Treo "smart" phones to work directly with Microsoft's Exchange e-mail system. The relationship is designed to eliminate the need for third-party applications and servers that Treo customers previously used to access Microsoft's popular e-mail servers. The deal will allow Milpitas, Calif.-based PalmOne to better compete against Research in Motion Ltd.'
BUSINESS
December 19, 2003
EARNINGS Hand-held computer maker PalmOne Inc. reported a quarterly loss and said revenue in the current period would fall short of Wall Street estimates, sending its shares tumbling. In its first financial report since spinning off PalmSource Inc., the company said inventories at the end of the November quarter were higher than expected and shipments of its pocket-sized digital organizers declined from a year earlier. The Milpitas, Calif., company reported a net loss of $4.
BUSINESS
May 25, 2005 | From Associated Press
The hand-held computer company that made its name with the Palm Pilot said Tuesday that it was changing its name back to Palm Inc. PalmOne Inc. said it agreed to pay $30 million over 3 1/2 years to the software company it spun off in 2003, PalmSource Inc., for the latter's 55% share of Palm Trademark Holding Co. PalmOne said it expected to change its name to Palm Inc. this year. Shares of PalmOne rose $1.58 to $28.84. Shares of PalmSource rose $1.15 to $10.04. Both trade on Nasdaq.
BUSINESS
May 19, 2005
PalmOne Inc. began selling a new device that combines business and entertainment functions and targets Apple Computer Inc.'s iPod Photo digital players. The LifeDrive device has a 4-gigabyte micro-disk drive that can store and play digital music, photos and video, as well as access data generated by business programs from Microsoft Corp.
BUSINESS
March 18, 2005 | From Bloomberg News
PalmOne Inc., maker of the Treo mobile phone, had a third-quarter profit of $4.37 million on demand for its Treo models. The shares dropped 15% after hours after the company's sales and profit forecast missed analysts' estimates. Net income totaled 9 cents a share, compared with a net loss of $9.32 million, or 20 cents, a year earlier, the company said. Sales rose 18% to $285.3 million. Shares of Milpitas, Calif.-based PalmOne fell $3.56 to $20.
BUSINESS
January 25, 2005 | From Bloomberg News
PalmOne Inc. said Monday that Chief Executive Todd Bradley, who oversaw the company's return to profitability, would resign. The company's shares fell 11% on the news. PalmOne, which makes the Treo mobile phone and hand-held computer, said company President Ed Colligan, 43, would become interim CEO. A search is underway for a permanent replacement, and Colligan is a candidate. Colligan, who joined PalmOne in 2003, ran the wireless unit until he became president in June.
BUSINESS
January 18, 2005 | From Bloomberg News
PalmOne Inc., maker of the Treo mobile telephone and hand-held computer, said Angel Mendez, head of global operations, would leave to become senior vice president of worldwide manufacturing at Cisco Systems Inc. Mendez, 44, joined PalmOne in July 2001, the Milpitas, Calif.-based company said. Prior to PalmOne, he was vice president of global supply chain management at Gateway Inc. From Bloomberg News
BUSINESS
January 7, 2005
PalmOne Inc., maker of the Treo mobile telephone and hand-held computer, won an appellate ruling that its hand-held computer systems don't infringe patents owned by NCR Corp.
BUSINESS
October 6, 2004 | From Associated Press
Longtime foes PalmOne Inc. and Microsoft Corp. announced a licensing deal that would allow the next generation of PalmOne's Treo "smart" phones to work directly with Microsoft's Exchange e-mail system. The relationship is designed to eliminate the need for third-party applications and servers that Treo customers previously used to access Microsoft's popular e-mail servers. The deal will allow Milpitas, Calif.-based PalmOne to better compete against Research in Motion Ltd.'
BUSINESS
October 4, 2004 | From Associated Press
Hand-held computer maker PalmOne Inc. plans to unveil today a new memory-packed personal digital assistant that can double as a portable USB flash drive. In its continuing fight against competitors closing in on its market lead, Milpitas, Calif.-based PalmOne is capitalizing on the popularity of so-called USB drives, which mostly come in packages smaller than cigarette lighters but can store large amounts of data that once required hundreds of floppy disks.
BUSINESS
September 21, 2004
* PalmOne Inc. reported net income of $19.6 million, or 38 cents a share, compared with a net loss of $21.7 million, or 74 cents, a year ago. Revenue rose to $273.1 million.
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