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Old 08-17-2005, 05:14 PM   #1
Alexander Turcic
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PalmSource revenues remain strongly dependent on Palm

PalmSource has filed a Form 10-K in which they discuss various forward-looking risks and uncertainties of the company. The main talk is about unexpected losses in royalities from Palm OS licensees, and about Palm company still accounting for a substantial portion of PalmSource's revenues for the foreseeable future (that is unless Palm withdraws from PalmOS, which they do could at any time).

"Outlook for fiscal year 2006: We anticipate revenue will be negatively impacted on a year-over-year basis by factors such as Sony’s exit from the PDA market, the pre-pay of one licensee’s royalty minimum, and the expiration of certain prepaid royalties that were being amortized on a quarterly basis."
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