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03/31/2008, 9:10pm, EDT

Monday, March 31st

Palm sells 1m low-cost Centro smartphones

Palm today announced that it has sold 1 million of its Centro smartphones, which has company representatives attributing to its lower price tag. According to The NewsMarket, the phone accounted for 11-percent of all domestic mobile phone sales during 2007, and is currently available in 10 countries – Palm also confirmed it has desires to sell the device in additional areas, but has not announced a formal timeframe for the move.

Despite a large boost in sales, the Centro has attributed to a large loss on behalf of Palm, with the company posting a $31.5 million loss in 2008. This is mainly due to the significantly lower cost than the Treo smartphones – the Centro typically sells for around $100 from AT&T.


Filed under: peripherals, gadgets
Other story tags: Palm, Centro, market, smartphones, ATT

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