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Profile - Palm, Inc. (NasdaqNM:PALM)
As of 31-Aug-2001
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More Info: Quote | Chart | News | Profile | Research | SEC | Msgs | Insider | Options | Financials | Reports
Recent Events
Aug 30Price hit new 52-week low ($3.46)
Upcoming Events
Sep 20Add this event to your Yahoo! CalendarEarnings Announcement
Location
5470 Great America Parkway
Santa Clara, CA 95052
Phone: (408) 878-9000
Fax: (408) 878-2750
Email: palm.ir@corp.palm.com
Employees (last reported count): 1,311
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Technology
 ·Industry: Computer Hardware
Company Websites
 ·Home Page
 ·Products & Services
 ·Yahoo! Category

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Index Membership
 ·S&P 500
 ·Nasdaq 100
 ·AMEX Internet
Ownership
·Insider and 5%+ Owners: 1%
·Institutional: 38% (39% of float)
(781 institutions)
·Net Inst. Selling: 79.3M shares (+57.26%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Palm, Inc. is the leading global provider of handheld computing devices. The Company develops, designs, and markets Palm-branded handheld devices including the Palm III, Palm V and Internet-enabled Palm VII product families, as well as the m100 entry level product. The Palm OS operating system and related software have been the cornerstone of the Company's success in the handheld device market. The Palm platform combines Palm OS operating system with HotSync technology, which enables users to synchronize information between a Palm device and a personal computer, and includes pen-based input technology as well as personal information management applications such as a datebook and an address book. The Palm VII product includes web-clipping software that allows Internet content providers and users to wirelessly send and receive information via the Internet in a format optimized for handheld devices. The Company also licenses the Palm platform to manufacturers of information appliances.
More from Market Guide: Expanded Business Description

Financial Summary
Palm, Inc. develops, designs and markets handheld computing devices, small, pocket-sized devices that feature pen-based input and allow users to automatically copy and synchronize information between the device and a personal computer. For the fiscal year ended 6/2/01, revenues rose 47% to $1.56 billion. Net loss totaled $356.5 million vs. an income of $45.9 million. Results reflect an increase in sales volume, offset by lower margins due to lower prices, and increased charges.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Pay

Carl Yankowski, 51
CEO
$1.5M
David Nagel, 56
Pres and CEO of Platform Solutions, Director
--  
Judy Bruner, 41
Sr. VP and CFO
402K
Stephen Yu, 34
VP, Gen. Counsel and Sec.
235K
Stewart Gill
VP of HR
--  
Dollar amounts are as of 2-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NasdaqNM:PALMAs of 31-Aug-2001
Price and Volume
52-Week Low
on 30-Aug-2001
$3.46 
Recent Price$3.58 
52-Week High
on 3-Nov-2000
$67.375
Daily Volume (3-month avg)10.8M
Daily Volume (10-day avg)6.82M
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y]
52-Week Change-91.7%
52-Week Change
relative to S&P500
-88.8%
Share-Related Items
Market Capitalization$2.03B
Shares Outstanding567.2M
Float561.5M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq*)$1.29 
Earnings (ttm)-$0.63 
Earnings (mrq)-$0.69 
Sales (ttm)$2.74 
Cash (mrq*)$0.91 
Valuation Ratios
Price/Book (mrq*)2.77 
Price/EarningsN/A 
Price/Sales (ttm)1.30 
Income Statements
Sales (ttm)$1.56B
EBITDA (ttm*)-$538.3M
Income available to common (ttm)-$356.5M
Profitability
Profit Margin (ttm)-22.9%
Operating Margin (ttm)-36.7%
Fiscal Year
Fiscal Year EndsJune 1
Most recent quarter
(fully updated)
1-June-2001
Most recent quarter
(flash earnings)
31-May-2001
Management Effectiveness
Return on Assets (ttm)-25.86%
Return on Equity (ttm)-35.28%
Financial Strength
Current Ratio (mrq*)1.63 
Debt/Equity (mrq*)0 
Total Cash (mrq)$513.8M
Short Interest
As of 8-Aug-2001
Shares Short10.0M
Percent of Float1.8%
Shares Short
(Prior Month)
11.5M
Short Ratio1.44 
Daily Volume6.99M
See Profile Help for a description of each item above;   M = millions;   B = billions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 31-May-2001, except mrq*/ttm* items as of 1-June-2001)

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