theflyonthewall.com submits:
Palm (PALM) is expected to report Q3 earnings after the market close on Thursday, March 18, with a conference call scheduled for 4:30 pm ET.
Guidance
The consensus estimate is (42c) for EPS and $316.19M for revenue, according to First Call. Analysts have been questioning the long-term viability of the smart-phone maker’s business, suggesting that Palm is now too small to compete with Apple (AAPL) and Research In Motion (RIMM). Instead, it is speculated that Palm might be targeted for a takeover by another manufacturer, by someone like Motorola (MOT), that may want Palm’s software and patents. Analysts have suggested that Palm is now too small to compete with Apple Inc. and Research In Motion Ltd., maker of the BlackBerry. Instead, it might be targeted for a takeover by another manufacturer, like Motorola Inc., that may want Palm’s software and patents. But a takeover doesn’t appear imminent. On Feb. 25, Palm sharply cut its revenue forecast for Q3 to $285M-$310M. For FY10, the company said its revenue will be "well below" its previous forecast of $1.6B-$1.8B.
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