Analyst contradicts other reports, says that Palm Pre sales continue strong

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Analyst contradicts other reports, says that Palm Pre sales continue strong
While there has been some talk of slowing sales of the Palm Pre, one analyst has a different opinion. James Faucette, who works for Pacific Crest, had done his own "checks" and has found that sales of the device remain "robust". Sprint stores have enough inventory, he notes, although he believes that low supply at Best Buy and Radio Shack stores are negatively affecting sales totals. Faucette believes that 40,000 units sold a week can be achieved throughout August as long as inventory is replenished at Best Buy and Radio Shack. This theory is not what Pali Capital's Walter Piecyk believes. Piecyk thinks that supply is fine and that it is demand for the Pre that has tapered off. He says that the number of units sold has dropped to 30,000 in the last week from 40,000 during the prior week.

Faucette expects a mid-tier webOS device to hit AT&T by the holiday season. This phone, added to other models with different carriers, could force the analyst to raise his estimate of Palm's sales for the current fiscal year, which he sees at $1.6 billion dollars, rising to $1.8 billion next year. And despite the success of the Pre and the webOS operating system, the analyst still sees red ink for Palm to the tune of 32 cents a share this year, improving to a loss of 22 cents a share next year.

Palm Pre Specifications | Review

source: Barron's

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19 Comments

1. jrg11

Posts: 65; Member since: Jun 12, 2009

I think all these reports are a little "pre-mature" Zing!!!

3. swm4motoQ unregistered

I think the article "pre-sented" itself well. moto

4. jrg11

Posts: 65; Member since: Jun 12, 2009

sounds like palm's under a lot of "pre-ssure" to keep the sales steady Ayyy-Ohmoto

5. swm4motoQ unregistered

I think we could have "pre-dicted" that motoKNWTOW

6. jrg11

Posts: 65; Member since: Jun 12, 2009

maybe this will "pre-vent" Palm from going under motoDONTKNW

7. phone333

Posts: 331; Member since: Feb 04, 2009

-How many more reports to convince you guys that the "Prē" is where it's at !!!

8. swm4motoQ unregistered

I think the "pre-amble" says just that motoWRDS

9. jrg11

Posts: 65; Member since: Jun 12, 2009

sounds like they may not have been "pre-pared" for the demand motoPUND

10. swm4motoQ unregistered

This issue may be a "pre-cursor" to the Tour launch motoLTTRZ

11. jrg11

Posts: 65; Member since: Jun 12, 2009

Enough handsets to meet the demand sounds like just what the doctor "pre-scribed" motoSWLLWD

12. swm4motoQ unregistered

Smart customers would have "pre-ordered" motoFDX

13. jrg11

Posts: 65; Member since: Jun 12, 2009

I'm not sure where you got the "pre-conceived" notion that orders could be taken in advance motoMSTKN

14. swm4motoQ unregistered

I have "pre-delection" moto.

15. jrg11

Posts: 65; Member since: Jun 12, 2009

I "pre-sumed" as much motoMZNG

16. legionsreturn unregistered

That seemed a bit "pre-sumptious"

17. *HOVA*

Posts: 564; Member since: Dec 11, 2008

I don't think I'd want one even if I was in "pre-school"

2. swm4motoQ unregistered

its not moto. so i dont care. motoDNTKR

18. tuminatr

Posts: 1092; Member since: Feb 23, 2009

you guys are all pre-tarded

19. sensei_phn

Posts: 6; Member since: Jun 17, 2009

sounds more like the PRE is warming up a PRE-A$$ wooping for all the naysayers...

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