updated 03:10 pm EDT, Fri July 10, 2009
Palm Pre Still Sells Well
Pacific Crest analyst James Faucette today said that Palm Pre sales are still healthy over a month after the phone launched. Referring to his own checks, he estimates that about 40,000 of the multi-touch phones are now shipping each week and that the numbers could hold through at least August. He also expects that sales could improve if Palm can improve its shipments to Best Buy and Radio Shack, which have had short supply ever since launch.
Those sales are also likely to get larger once Palm adds more carriers besides Sprint, including Bell in Canada as well as Telefonica's European countries. A mid-range device is also thought probably for before the end of the year for AT&T and other carriers, further improving Palm's bottom line. Most now anticipate this to be the Eos.
The target contradicts at least one analyst report suggesting falling sales and would give Palm relatively strong sales for its quarter ending in August, with roughly 550,000 Pres passing through the company if an estimate of 70,000 launch units is true. Although far smaller than for Apple, RIM or other major smartphone makers, it would represent about 50 percent more sales than Palm managed for all of its phones in just the last quarter.