The new model is mobile pervasive computing, and it will change the very nature of the enterprise.

Advanced video capabilities and visually demanding applications are becoming a ubiquitous part of enterprise mobile computing. We are pleased to work with HP to deliver a feature-rich solution.

What amplifies the transformational power ahead is the confluence of two major technological currents today: the universal access to mobile computing and the pervasive use of social networks.

It was clearly a demanding quarter for Palm, our shareholders and our employees, but thankfully not for our customers, who continued to receive the best handheld solutions and services on the market.

This is another important step on our strategic roadmap as it will allow users to share information beyond the PC.

Even with this strong performance, demand for Palm products still outstrips supply.