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Up to 55,000 Palm Pres estimated sold

updated 12:05 pm EDT, Mon June 8, 2009

55K Palm Pres Sold on Wknd

Palm had a relatively successful Pre launch weekend but sold just a fraction of what Apple did when it launched its device, RBC analyst Mike Abramsky noted on Monday. Early estimates suggest the initial wave of sales will float between 45,000 and 55,000 units but is likely to fall short of the 270,000 iPhones that would have traded hands in the last two days of June 2007. However, the difference is now attributed more to tight supply than to reduced demand, as many stores sold out; while larger stores often had 100 or more units, others had 50 or less. Best Buy and Radio Shack stores sometimes received as few as two units.

As many as 15,000 customers are still on waiting lists, the researcher says.

Unlike Apple's launch, where the company had no existing phone lineup and had the benefit of the then-largest US carrier to debut its phone, Palm's early customer base is believed by Abramsky to center more on existing loyalists for the carrier or the device maker than converts. About 80 to 90 percent were existing Sprint subscribers, while 60 percent were already owners of Centros, Treos or other earlier Palm phones.

A better image of the Pre's long-term success should become clear with resupplies, which in the early stages should take place every 2-3 days. Previously, Best Buy has warned it may not have regular stock until July or later, hinting at a continued shortage but also sustained demand.

RBC's analyst is conservative in his outlook and sees about 470,000 Pres selling in the first quarter of sales and 2.6 million in the first year of sales. iSuppli expects as many as 1.3 million in 2009. Abramsky cautions that Palm's performance could improve if it expands the Pre to more carriers and if the smartphone business itself grows. Additional webOS phone models could also support the company's financial health.

Both of these are heavily rumored. Britain's O2 may have a GSM version of the phone late this year, and leaks have pointed to the Palm Eos replacing the Centro at AT&T, Sprint, and possibly other carriers.



By Electronista Staff
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  1. johncarync

    Fresh-Faced Recruit

    Joined: Oct 2002

    -1

    iPhone vs. Pre

    Not a lot of switchers.

    Most people wanted the iPhone because they wanted the iPhone. In this case, it sounds like most people wanted the Pre because they wanted (or were stuck with) Sprint.

  1. slapppy

    Fresh-Faced Recruit

    Joined: Mar 2008

    0

    Mostly sprint

    Mostly sprint customers or Palm users who refuses to leave the crappy makers. Those estimated numbers looks bad for Palm.

  1. testudo

    Forum Regular

    Joined: Aug 2001

    -2

    wait

    I thought it wasn't going to sell at all? Now you're giving justifications why they sold so many.

    I guess in your little minds all people with any semblance of intelligence want/need an iPhone, and getting anything else is due to some other outside force.

  1. climacs

    Forum Regular

    Joined: Sep 2001

    0

    testudo you suck

    christ your r*****-itude knows no bounds.

    55,000 = pretty f****** weak compared to the iPhone debut.

  1. ggirton

    Fresh-Faced Recruit

    Joined: Nov 1999

    0

    Palm sells!

    Palm sells all they can make to captive market! Big success for Palm! Advanced phone still in heavy demand! Sells 55,000 putting significant dent in iPhone/iPod handheld touch market share of 40,000,000 devices!

    Exactly how to describe Palm's new market success confounds amateur analysts! Read all about it! Or watch youtube-shared iPhone movies at 11!

  1. testudo

    Forum Regular

    Joined: Aug 2001

    -1

    climacs you.....

    Last week you were proclaiming no one would line up, that it wouldn't sell, and no one would care. Now that all of that is proven to be false, its "Yeah, but compared to the iPhone....".

    And I'm sure if they somehow sold 5 million of them over the weekend, you'd come up with some excuse or another, like "I bet it was all Sprint employees being told to buy them!" and "Well, let's see how it holds up over time!"

  1. testudo

    Forum Regular

    Joined: Aug 2001

    0

    Re: Palm sells

    How exactly do they have a 'captive' market? Last time I checked, you had your choice of not only what carrier to purchase from, but what phone you wanted as well.

    And I didn't realize if you didn't sell as many as the iPhone, it is considered a failure.

  1. Terrin

    Fresh-Faced Recruit

    Joined: Jan 2006

    +1

    Don't get it.

    I don't get the whole excitement about the Pre thing. Right down to the desktop paper on the phone and packaging, the company has emulated Apple.

    Further, I wouldn't line up to buy any product, including Apple's. I definitely wouldn't buy a first generation product as soon as it came out either. Production on new products improve on a daily basis. Further, many issues come up within a few months of purchase.

    I'll let other be the beta testers.

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