updated 07:55 am EDT, Tue June 30, 2009
Palm May Have Sold 300K
Palm may have sold as many as 300,000 Pre phones in less than a month on sale, according to a investor's note by Charter Equity Research analyst Ed Snyder. He estimates that about 120,000 Pres were available on launch day but that these sold out within days and that about 15,000 examples of the multi-touch phone are being made every day, leading to the final estimate for the month. As many as 1 million phones could reach Sprint by the end of the first quarter of sales, which for Palm finishes at the end of August.
The number is just a fraction that of what Apple is expected to produce for the month, as it shipped 1 million iPhone 3GS units just on its opening weekend alone. Regardless, the tally if accurate would represent a potential breakthrough for Palm, which shipped just 351,000 phones through the entire quarter before the Pre's debut.
Snyder also expects better still for the company and believes that by September it should have a GSM- and HSPA-based version of the Pre launched for Telefonica. Combined with a Bell Canada launch in August, the analyst believes Palm could ship as many as 1 million phones per month. This also may not include the expected Eos budget smartphone for AT&T and Sprint.