Palm Pre Selling Better than Expected: Analyst
By Ed Oswald | Tuesday, June 30, 2009 at 1:00 pm
Both Sprint and Palm have a lot riding on the Palm Pre. In Sprint’s case, the carrier desperately needs a hit to help it stop bleeding customers. For Palm, its much more serious: either the Pre is a success, or the company itself may fail.
According to Charter Equity Research analyst Edward Snyder, neither company has anything to worry about. While early estimates pegged initial Pre sales at 150,000 units, Snyder believes that the actual number is about twice that.
He says that his own checks show that demand for Palm’s touch screen device remains strong, and Palm is churning out about 15,000 Pres per day. At that rate, Sprint should have about 1 million of the devices to sell in the upcoming summer quarter. Neither Palm nor Sprint have so far commented on the report.
1 Comment
Read more:
1 Comments For This Post
June 30th, 2009 at 6:14 pm
The only sales numbers that hold ANY credibility are the ones released by the hardware manufacturer and the carrier. Palm will release ACTUAL sales numbers during their earnings statements. We can look to Sprint to release ACTUAL Pre sales numbers, too.
Anything else is worth what we paid for it (zero, nada, nothing, zip, sqadoosh, etc.)
It is almost comical how inaccurate most analysts are.