Palm Inc. today reported that total revenue in the third quarter of fiscal year 2008, ended Feb. 29, was $312.1 million. Driven by strong demand for the Palm Centro, smartphone sell-through for the quarter reached a company record high, totaling 833,000 units, up 13 percent year over year. Smartphone revenue was $275.4 million.
The new Centro smartphone has proven to be a winner for Palm. The low-cost smartphone has help Palm boost their sales to 833,000 units and US$275.4 million revenue in the last quarter. However, since the margins are lower for the Centro, Palm still made a loss of US$31.5 million during the same period.
