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Handspring To Miss Revenue By Half!
from the something-went-wrong dept
Ok, if you're in business, you should have some basic idea of how much you're going to make in a quarter. To have that estimate get cut in half over the course of one month suggests that some very bad decisions were made. Something has definitely gone wrong for Handspring. A month ago they said they would bring in $120 million this quarter. Now they're saying $60 million. Ouch.
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inkling
The Handspring warning also may also give an inkling into the true state of the economy -- not good -- since these are consumer devices. Thoughts?
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Re: inkling
I would hope that our economy isn't based on Handspring devices. However, general consumer confidence is probably waning... But who knows? Maybe the handheld market is saturated. I mean, how often do you need to upgrade your PDA? It's not like they've doubled the speed of PDA processors or anything....
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Re: inkling
I'm not sure how much of it has to do with waning consumer demand vs. the current price war they're dealing with against Palm. I think they made some bad decisions about how to market themselves, and are now facing the consequences. I don't think there's much to learn about the economy directly from Handspring's mistakes.
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