Psion Earnings Hit by Launch of Microsoft-Based Devices.
Psion Plc has experienced an increase in demand for its mobile computing Using a computing device while in transit. Mobile computing implies wireless transmission, but wireless transmission does not necessarily imply mobile computing. Fixed wireless applications use satellites, radio systems and lasers to transmit between permanent objects such as buildings platforms, even though second-half earnings for its Teklogix units have been hit by the cost of launching new products based on operating systems Operating systems can be categorized by technology, ownership, licensing, working state, usage, and by many other characteristics. In practice, many of these groupings may overlap. from its arch rival Microsoft Corp.
In a trading update, the Cambridge, UK-based said it expects results for the year to December 31 to be in line with management expectations. Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. forecasts a net loss of 19.8m pounds ($34.6m) on revenue 5.5% lower at 130.3m pounds ($228m).
Psion said it expects Teklogix's revenue to exceed that of last year as demand for its products slowly improves. Though Psion's major asset is its 31.1% stake in mobile operating systems vendor Symbian, Teklogix has bowed to pressure from its customers and is offering devices on Microsoft platforms.
Teklogix's profit was reduced by the launch of "key new products", the 7535 handheld terminal and the Netbook Pro, both based on Windows CE (Windows Consumer Electronics) Microsoft's version of Windows for handheld devices and embedded systems that use x86, ARM, MIPS and SHx CPUs. Windows CE .NET superseded Windows CE 3.0. . According to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. Teklogix's promotional material, the advanced networking and security protocol support of Windows CE.NET "make it the ideal operating system choice for mobile computing devices."
Psion said that Symbian continued to have a satisfactory year, with almost 4 million Symbian-based phones shipped in the first nine months compared with 1 million in the same period last year.