Troubled smartphone maker Palm (NSDQ: PALM) announced quarterly revenue of $349.6 million, down 11 percent from last year’s $392.9 million. Losses came to $9.6 million ($.09 per share), a reversal from a $12.7 million ($.12 per share) profit in the year-ago quarter (Palm’s Q2). Total smartphone sell-through came in at 686,000, which is a disappointment, as analysts had been looking for 750,000 or more. Looking to next quarter, the company is predicting revenue of $310 million. Beyond that, the company says it will no longer provide specific guidance on future quarters. Shares fell in volatile after-hours trading. Release | Webcast

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