About Socket

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Investors Relations

If you have specific investor-related questions about Socket Mobile and you can't find the answers by browsing this web site, you can communicate directly with Dave Dunlap, Socket's Chief Financial Officer. Please restrict your inquiries and comments to investor-related issues so that we can respond in a timely manner. Thank you for your interest in Socket Mobile.


06.23.08 - Game, Set, Match: Socket Wins!
The Socket SoMo® 650 handheld computer hits the sweet spot at Wimbledon 2008


Click Here to Listen to the Second Quarter 2008 Earnings Conference Call Webcast
Thursday, July 24, 2008 at 2:00 pm Pacific (5:00 pm Eastern)



SCKT
SymbolTimeDateLastChangeHighLowVolume
SCKT12:50pm7/3/20080.61-0.050.670.50128870

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Corporate Profile

Socket Mobile, Inc., Socket Mobile develops and distributes a broad range of data collection and connectivity products for mobile devices such as PDA's, Smartphones and tablet notebooks. Working collaboratively with mobile solutions from leading Strategic Vertical Integrators, world class 3rd party software developers and OEM's, Socket's products are proven to drive operational efficiencies, increase mobile workforce productivity, boost corporate performance and improve customer satisfaction. The Company has been public since 1995 and trades on the Nasdaq National Market. Socket is headquartered in Newark, California and can be reached at 510-933-3000 or www.socketmobile.com .

Industry and Market Background

New technical innovations are enabling individuals to use mobile devices that are much smaller and more powerful than ever. Mobile devices are moving from personal information managers to powerful business orientated computing platforms. Gartner Group estimates that wireless PDAs will increase from 12.5 million units in 2004 to 15 million units in 2005, and the proportion of PDA purchases made by organizations will increase from 44 percent in 2004 to 55 percent in 2006. (Source: Gartner Analyst Todd Kort, March 2005 and Gartner report October 2005)

Product Overview

Socket's products may be classified into four broad product families:

Data Collection products

These products include bar code scanning and RFID solutions that plug into or connect wirelessly to mobile devices and convert mobile devices into portable bar code scanners or RFID readers that can be used in various retail and industrial workplaces. These products represented 38% of Socket's revenue during its third quarter of fiscal 2005.

Connectivity products

These are connection devices that can be plugged into standard expansion slots in handheld computers and connect mobile devices over wireless and wired connections. These products allow users to connect their devices to the Internet via mobile or wired phone services, or to private networks, or to communicate with other electronic devices such as desktop computers and printers. Wireless connection products include cards using Bluetooth, and cards for connecting to local wireless networks using the Wireless LAN 802.11b (or Wi-Fi) standard. Stand alone cordless products using Bluetooth technology include a GPS receiver, a 56K modem, a laser bar code scanner, and a general purpose serial I/O port. Cable connection products include modems for telephone connections and Ethernet cards for local area network connections. These products represented 34% of Socket's revenue during its third quarter of fiscal 2005.

Serial products

These add connection ports to a notebook or handheld computer that allow users to connect these portable computers to standard peripherals designed primarily for desktop PCs. These products represented 14% of Socket's third quarter of fiscal 2005 revenues.

Embedded (OEM) products and services

Socket's Development Services team focuses on embedding Bluetooth modules, and soon Wireless LAN modules into third party mobile devices. These modules include Socket's extensive Bluetooth and Wireless LAN software suites including software management tools such as Bluetooth Connect!Agent and Wi-Fi Companion. Socket's Bluetooth and soon Wireless LAN modules allow manufacturers of handheld computers and other devices to build wireless connection functions into their products. These products represented 14% of Socket's revenues during its third quarter of fiscal 2005.

INVESTMENT CONSIDERATIONS

  • Company has been profitable in six of the last seven quarters, with profitability reported in Q3 ended Sept. 30, 2005

    Reported Q3 revenue growth over the last fiscal year

  • Release of an array of new data collection products and new Wi-Fi card should bolster revenue growth

  • Expansion of data collection to RIM BlackBerry Devices, now supporting PDAs, tablets, notebooks and Smartphones

  • Market growth potential increased by Palm announcement of a Windows Mobile Treo Smartphone in Q1 2006

  • Enterprise adoption of mobile devices accelerating with strong support from Strategic Vertical Integrators and third party software vendors including the addition of enterprise software giant SAP. Current partner count is 45 (see Socket web)

  • Experienced management team

  • Balance sheet continually improving, with $6.6 million in cash, equity of $17.0 million and no long-term debt




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      Nasdaq Market Data Disclaimer
      The Nasdaq data provided is for informational purposes only, and is not intended for trading purposes. Neither Socket Mobile, Inc., MKR Group, nor their data or content providers guarantee the sequence, accuracy, or completeness of any stock price information or other data displayed, nor shall any such party be liable in any way to the reader or to any other person, firm or corporation whatsoever for any delays, inaccuracies, errors in, or omission of any such information or data or the transmission thereof, or for any actions taken in reliance thereon or for any damages arising therefrom or occasioned thereby or by reason of nonperformance or interruption, or termination, of the stock price information for any cause whatsoever.

      SEC/EDGAR Disclaimer
      You can review the filings Socket Mobile, Inc. has made with the U.S. Securities and Exchange Commission ("SEC") by linking directly to EDGAR (Electronic Data Gathering, Analysis and Retrieval system), a database maintained by the SEC. EDGAR is not part of the Socket Mobile, Inc. Web site and this link to EDGAR does not mean that Socket Mobile, Inc. endorses or accepts any responsibility for the content, or the use, of EDGAR. The EDGAR link provided is for informational purposes only, and is not intended for trading or investment purposes. Socket Mobile, Inc. does not guarantee the sequence, accuracy, or completeness of any information or data displayed through EDGAR, nor shall Socket Mobile, Inc. be liable in any way to the reader or to any other person, firm or corporation whatsoever for any delays, inaccuracies, errors in, or omission of any such information or data or the transmission thereof, or for any actions taken in reliance thereon or for any damages arising therefrom or occasioned thereby or by reason of nonperformance or interruption, or termination, of the information or data for any cause whatsoever. Socket Mobile, Inc. does not assume any duty of disclosure beyond that which is imposed by law, and expressly disclaims any duty to update any information set forth in its filings with the SEC. The reader should note that Socket Mobile, Inc.'s periodic reports filed with the SEC include the disclosure therein of certain factors which may affect Socket Mobile, Inc. 's future performance. Individual statements appearing in Socket Mobile, Inc.'s SEC filings are intended to be read in conjunction with and in the context of the complete documents in which they appear, to include any documents incorporated therein by reference thereto, rather than as stand-alone statements.

       

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