Palm Facing Q2 Loss

Palm and Motorola seem to be going through rather bad periods in their history, though Motorola looks like it has managed to stay out of trouble today. Palm on the other hand, is rumored to be planning some layoffs during the holiday. There hasn’t been an actual figure of how many staff when have to be trimmed, though it appears that Palm must shave $20 million in expenses if it wants to stay afloat, as the current sales for Q2 is about $190, compared to the original $367 million, which is down about 46% from last year where they made 367 million.