Essay: Palm Inc’s Performance

20 Apr

Essay: Palm Inc’s Performance

Sample Essay

Palm Inc is one of the leading players in telecommunication and computing technology market, owned by Hewlett Packard (HP). It provides high quality phones and touchpad devices with all new technological innovations and emerging features in today’s market. But the financial results of the company are consistently declining from the year 2006 to 2009.

Just to give a brief overview of Palm Inc’s performance, it is crucial to highlight some major areas of the company’s cost bracket and revenue generation sources. Throughout the period mentioned, the cost burden from variable expenses decreased, showing good cost effective strategic applications in the business. However, the contribution margin or the gross margin has been decreasing from the year 2007 to 2009.

            The reduction in costs clearly indicates the lesser revenues coming in over the years. The reason for such reduction in revenues is primarily the tough competition in the market, where technology plays a vital role in gaining the strategic fit; giving more control to the firm in terms of price flexibility and cost control.

Palm Inc is one of the leading players in telecommunication and computing technology market, owned by Hewlett Packard (HP). It provides high quality phones and touchpad devices with all new technological innovations and emerging features in today’s market. But the financial results of the company are consistently declining from the year 2006 to 2009. Just to give a brief overview of Palm Inc’s performance, it is crucial to highlight some major areas of the company’s cost bracket and revenue generation sources. Throughout the period mentioned, the cost burden from variable expenses decreased, showing good cost effective strategic applications in the business. However, the contribution margin or the gross margin has been decreasing from the year 2007 to 2009.

            The reduction in costs clearly indicates the lesser revenues coming in over the years. The reason for such reduction in revenues is primarily the tough competition in the market, where technology plays a vital role in gaining the strategic fit; giving more control to the firm in terms of price flexibility and cost control.

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