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Alexander Turcic · 08-03-2005, 02:26 PM

Palm CFO Andrew J. Brown held yesterday the first presentation of PalmOne being Palm again and talked about the future of his company. He shared his views on the company's solid financials, previous supply constraints, increase in carrier relationships, partnership with MS' Exchange 2003, and of course the recent name change.

Andy, who joined the company only in December 2004, seemed overall confident that in future mobile broadband devices will taking advantage of faster networks, leaving enough room for multiple players to create new value. He is certain that Palm holds the innovative leadership in the smartphone industry with the Treo 650, which continues to get rave reviews.

He acknowledged that the handheld market is in decline, partly because of the cannibalizing effect of the Treo. Regarding the all-in-one LifeDrive device, while it was initially targeted for the business and consumer market (Powerpoint presentation vs. playing MP3s), Palm now finds it to be more a consumer gadget.

In future, Palm will invest more in R&D to increase the velocity and quality of products coming out, and it will build on the "extraordinary opportunities" of the smartphone business.

You can listen to the full 25mins webcast by clicking here (Windows Media).

08-03-2005, 02:26 PM	#1
Alexander Turcic Fully Converged Posts: 18,175 Karma: 14021202 Join Date: Oct 2002 Location: Switzerland Device: Too many to count here.	Palm CFO confident about the future Palm CFO Andrew J. Brown held yesterday the first presentation of PalmOne being Palm again and talked about the future of his company. He shared his views on the company's solid financials, previous supply constraints, increase in carrier relationships, partnership with MS' Exchange 2003, and of course the recent name change. Andy, who joined the company only in December 2004, seemed overall confident that in future mobile broadband devices will taking advantage of faster networks, leaving enough room for multiple players to create new value. He is certain that Palm holds the innovative leadership in the smartphone industry with the Treo 650, which continues to get rave reviews. He acknowledged that the handheld market is in decline, partly because of the cannibalizing effect of the Treo. Regarding the all-in-one LifeDrive device, while it was initially targeted for the business and consumer market (Powerpoint presentation vs. playing MP3s), Palm now finds it to be more a consumer gadget. In future, Palm will invest more in R&D to increase the velocity and quality of products coming out, and it will build on the "extraordinary opportunities" of the smartphone business. You can listen to the full 25mins webcast by clicking here (Windows Media).