Archive for June 26th, 2009

Palm Pre may help the company turn cash flow positive (PALM)

Palm (PALM) shares are up nearly 14% in strong premarket trading after the company beat earnings expectations by $0.22 a share, on the back of its recently introduced Pre smartphone. Few Pre metrics were given, but it was clear the Pre helped boost overall smartphone demand. The company said it’s ramping Pre supply, and says [...]