Brand: MacNews

Palm site confirms m125 rumors

Palm yesterday inadvertently updated its Web site with information on the as-of-yet unannounced Palm m125 handheld. The device will compete directly with Handspring’s new Visor Neo by offering the same 33MHz processor and 8MB of memory. The m125 will also feature an SD card slot like the m500-series, and will ship with Palm OS 4 (although it won’t be upgradeable) and a USB cradle. The m125 will sell for US$249.

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Adobe profits, revenue slip during third quarter

Adobe, which postponed its earnings last week following the terrorist attack, this morning reported a profit of US$40.3 million for its third quarter on revenues of $292.1 million, missing earlier estimates. The earnings results represent a 49 percent decline in profit and an 11 percent decline in revenue from the previous year. Adobe cited a “significant decline in Japan revenue as the main reason for missing the targeted revenue.”

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