NewsFactor – Palm reported a drop in earnings for its fiscal 2010 second quarter, but the handset maker hopes news about an updated webOS will encourage the market. Total revenues for Palm’s second quarter were $78.1 million, with gross profits of $5.5 million. The company’s stock slid 10 percent as the company’s new operating system and phone lineup failed to perform as well as expected.

View original here:
Palm’s Results Still Good, and webOS Update Is Coming
(NewsFactor)