It was a toss-up last as to which was going to do better as a stock this quarter, but the after hours reactions to earnings isn’t even close.  Palm (PALM-NASDAQ) is down to flat on worse guidance, and Research-in-Motion (RIMM-NASDAQ) is trading up at new all-time highs.  Here is the side by side break-down:

                                            PALM                             *           RIMM       
EPS vs. E
st.                $0.17 vs $0.15                   *      $1.20 vs $1.06
Revenues vs. Est.     $401.3M vs $406.6M         *      $1.08B vs $1.05B
Revenue Guidance   $355-365M vs $393M(e)  *      $1.3-1.37B vs $1.11B
Others                          sold 750,000 Treos          *       shipped 2.4M units, +1.2M to 9M
                                                                                    *       subscribers; 3 for 1 Stock Split
Stock After-Hours       -2% at $16.21                    *      +14% to $188+

The gap between the two look like it is going from big to bigger.  As we see all of the media coverage tomorrow at AT&T stores over the Apple (AAPL-NASDAQ) iPhone launch, we’ll see if these price levels change.    

Jon C. Ogg
June 28, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.