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Palm has just posted a massive $95 million net loss for Q3FY09. Sales are down significantly to 482,000 units shipped in Q3 compared to 833,000 shipments in the same period last year. Q3 total earnings were down 71% to $90.6 million compared to $312 million last year in the same period. Palm CEO Ed Colligan said the new and highly anticipated Palm Pre handset powered by the new Palm webOS is going to launch as planned sometime in Q2.
Tags: earnings report, palm, palm pre, webos
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