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	<title>Pulse2 Technology and Social Media News &#187; Charter Equity Research</title>
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		<title>About 300,000 Palm Pre Devices Sold</title>
		<link>http://pulse2.com/2009/06/30/about-300000-palm-pre-devices-sold/</link>
		<comments>http://pulse2.com/2009/06/30/about-300000-palm-pre-devices-sold/#comments</comments>
		<pubDate>Tue, 30 Jun 2009 22:29:10 +0000</pubDate>
		<dc:creator>Amit Chowdhry</dc:creator>
				<category><![CDATA[pulse2]]></category>
		<category><![CDATA[Charter Equity Research]]></category>
		<category><![CDATA[Ed Snyder]]></category>
		<category><![CDATA[Palm Inc.]]></category>
		<category><![CDATA[Palm Pre]]></category>
		<category><![CDATA[Sprint]]></category>

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		<description><![CDATA[Charter Equity Research analyst Ed Snyder estimated that about 300,000 Palm Pre devices have been sold so far.  Apparently these numbers are higher than Palm expected to sell because the company is still playing catch up.  When the Palm Pre &#8230; <a href="http://pulse2.com/2009/06/30/about-300000-palm-pre-devices-sold/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><img class="alignnone" title="Palm Pre" src="http://mediaserver.pulse2.com/uploads/2009/05/palm-pre-ss1.jpg" alt="" width="300" height="385" /></p>
<p><strong>Charter Equity Research analyst Ed Snyder estimated that about 300,000 Palm Pre devices have been sold so far.  Apparently these numbers are higher than Palm expected to sell because the company is still playing catch up.  When the Palm Pre was released, there were about 120,000 units available for in their inventory.  The whole inventory was sold </strong><a href="http://pulse2.com/2009/06/08/palm-pre-helps-sprint-break-sales-records/"><strong>within days of the phone&#8217;s launch</strong></a><strong>.</strong></p>
<p>Snyder estimates that the company is producing about 15,000 units per day as of right now.  This means that the Pre will ship about one million units to Sprint within the first quarter of their launch.  This is well “well above consensus.”  In conjunction to the unit sales, there were about <a href="http://pulse2.com/2009/06/19/palm-app-catalog-gets-about-666000-apps-downloaded-in-first-12-days/">666,000 applications downloaded</a> in the first 12 days.</p>
<p>These sales numbers have helped Sprint break sales records, helped <a href="http://pulse2.com/2009/06/11/palm-pre-helps-boost-tis-sales-growth/">boost Texas Instruments revenue growth</a>, and is the reason why <a href="http://pulse2.com/2009/06/14/palms-new-ceo-jon-rubinstein-to-make-about-17-million/">Jon Rubinstein is the new CEO of Palm</a>.</p>
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