For the quarter, Palm shipped 780,000 phones, but only sold 573,000, a 4 percent drop year-on-year. Losses totaled $85.3 million USD and revenue fell from $191.6 million to $78.1 million. Palm's stock fell as much as 18 percent after the news.
The firmware update will remove the app limit cap of 64MB, and will improve overall performance, stability and speed. Wi-Fi reception will be stronger and the Pixi will see more features added.
Rubinstein did not say when the update will hit, but many believe it will come at the CES event next month alongside the debut of new Palm smartphone models.
Written by: Andre Yoskowitz @ 18 Dec 2009 23:09
