Palm Pre: 100,000 Sold So Far
Palm has shipped 100,000 Pres since the device debuted on June 6. This, according to J.P. Morgan analyst Paul Coster, who estimates that more than 50,000 phones were sold in the first two days it was available and says the company may have sold another 50,000 in the days that followed. “Channel checks conducted Thursday, the 11th, suggest shipments to Sprint stores have averaged about 10-15 units every 2 days, implying about 36K-55K units will have shipped by Saturday (1,200 stores, three shipments of 10-15 units),” Coster said in a research note issued this morning. RadioShack inventory has been replenished once (back to launch-date levels or higher), whereas Best Buy has not received additional units (based on very limited sample). Our channel checks included 28 Sprint stores across the nation, 3 Radio Shack stores, and 3 Best Buys….Though we came away with a generally favorable impression of the sell-in momentum that Palm is currently experiencing, we also detected a lot of uncertainty. Sprint stores are being dripfed devices without much certainty or uniformity regarding timing and quantity. A Best Buy associate expressed hope that devices would be delivered by Friday but sounded doubtful.”
Interesting. Certainly puts Palm’s claim that “Sprint tells us they have never seen higher demand for a smartphone” in perspective.
Coster’s suggestion for folks intent on buying a Pre but frustrated by the meager supply at Sprint Stores and Best Buy: Try Radio Shack, which “seems to have been neglected by eager early adopters.”