Palm have announced their Q4 and full-year 2009 financial results [pdf link], covering the period up to the end of May 29th. Palm chairman and CEO Jon Rubinstein revealed full-year revenues of $735.9m and gross profit of $159.8m; he went on to describe the launch of the Palm Pre and webOS shortly after the period finished as when the company "officially reentered the race". That's good news, because while smartphone shipments in Q4 rose 6-percent from Q3, year-over-year decline for the quarter was a huge 62-percent.
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