September 22, 2005 2:07 PM PDT
PalmSource posts loss before acquisition
The loss reflects a drop in the number of Palm OS licenses brought on by the acquisition and increased competition from Microsoft. PalmSource said about 1.2 million units shipped with the operating system in the last three months compared with 1.4 million 12 months ago. The Palm OS is finding its way into more smart phones, the company said. About 44 percent of units shipped in the quarter were wireless handhelds compared with 21 percent this time last year. Traditional handhelds now make up 56 percent of PalmSource's business, the company said.