"SAN FRANCISCO (Map, News) - Palm Inc. swung to a loss in the fiscal second quarter amid withering competition from consumer electronics rivals, troublesome warranty costs and delays in shipping its products to consumers.
The maker of the Treo smart-phone said Tuesday it lost $9.63 million, or 9 cents per share, on revenue of $349.63 million in the three months ended Nov. 30.
In the year-ago period, Palm earned $12.77 million, or 12 cents per share, on revenue of $392.91 million."