Palm, Inc. today reported that total revenue in the fourth quarter of fiscal year 2008, ended May 30, was $296.2 million. Smartphone sell-through for the quarter reached a record high, totaling 968,000 units, up 29 percent year over year.
“We continue to invest in Palm’s future and remain focused on building long-term value,” said Ed Colligan, president and chief executive officer for Palm, Inc. “Centro is a tremendous hit, we are gaining market share, and we believe with this momentum, and the launch of new Windows Mobile products, we will turn the corner and return to revenue and margin growth.”