Daily Archives: June 6, 2009

Palm Pre, Short Supply, Sell-Outs Not All Instant (PALM, S, AAPL, RIMM, BBY)

Palm Pre ImageSaturday morning marked the awaited launch of the Pre smartphone from Palm Inc. (NASDAQ: PALM) under an exclusivity carrier pact with Sprint Nextel Corp. (NYSE: S).  We think this will offer some competition to Apple Inc. (NASDAQ: AAPL) for the iPhone and some for Research in Motion Ltd.’s BlackBerry (NASDAQ: RIMM), but how much real competition is another matter.  We started the calls to prominent stores located in prime areas of cities late morning Saturday to give them time to check-out the first buying customers.  We had to use Best Buy (NYSE: BBY) in the store call-ins, but some Sprint stores in hot locations still had phones.  This was far from a nationwide survey on Saturday morning, but here are the notes from our calls:

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Posted on: June 6, 2009 – 12:40 pm in Consumer Electronics, Product Review, Short Interest, Telecom, Trading Alert, Wireless, , , , ,