The Philips PPX2340 has a maximum resolution of nHD (640x360). That's 78% less resolution than the most frequently found native projector resolution of WXGA (1280x800).
An nHD (640x360) native projector resolution is in fact the worst resolution across all data projectors of a comparable spec and age to the PPX2340.
Across similar types of multimedia projector the best resolution is DCI 4K (4096 x 2160).
Data projectors with a higher resolution that might also be worth looking at include the Optoma S316 (SVGA (800x600)), or the DELL M900HD (WXGA (1280x800)) which also has a higher rating.