Weak Q2 for Palm, citing handset delays

Yesterday we reported on Palm's launch of the Treo 680, but the expected breadwinner for the company is the much delayed Treo 750. Palm warned Wall Street today that its quarterly profit and sales will fall short of expectations because of delays with the Treo 750. The handset should have launched this past quarter, but now the company says it will launch early next quarter, which begins on December 2nd for the company. The Treo 750 runs on Microsoft's Windows Mobile OS, while the lower priced 680 runs on Palm OS. The company expects quarterly revenue between $390 million and $395 million, down from an expected $430 million to $450 million.

For more on Palm's financial woes:
- see this WSJ article (sub. req.)