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Palm Pre Sales Topped 300,000 In June, Analyst Says

Gizmodo found this 6/30/2009 on blogs.barrons.com

Channel checks suggest Palm (PALM) Pre sales into the channel in June were above 300,000 units, according to Charter Equity Research analyst Ed Snyder , plus an estimated 70,000 in May. Snyder contends that the company has yet to catch up with demand. He says start-up problems with manufacturing and uncertainty about initial demand limited the number of phones in stock at launch to about 120,000 units - and that the inventory was sold in a matter of days. Snyder contends the company is now ...