Though still losing money, Palm might have something in the way of positive momentum going.
The smartphone maker on Thursday reported second-quarter fiscal 2010 revenue of $78.1 million, but a loss of $85.4 million, or 54 cents per share. It's a drastic improvement from the $508.6 million loss, or $4.64 per share, a year ago, and the $164.5 million, or $1.17 per share, loss in the previous quarter.
Wall Street analysts were anticipating a loss of 32 cents per share.
Palm says it shipped 783,000 smartphones during the quarter, a 5 percent … Read more