John Paczkowski

Recent Posts by John Paczkowski

Sprint CFO: What iPhone?

sprintbreadline-150x150jpg1It’s been three weeks since the Palm Pre debuted and Sprint is still having trouble keeping it in stock. This according to Sprint Nextel CFO Bob Brust, who says supplies of the new handset continue to be tight.

“We still have a backlog of subscribers but it’s not unmanageable and we get shipments every week,” Brust told attendees of the Wachovia Equity Conference. “We’ll be short for a while but we’re catching up.”

Good thing. The new Palm (PALM) handset is not going to be much good at stemming subscriber losses if you can’t keep it in inventory. And as Sprint (S) well knows, there are other phones on the market, including one that’s $100 cheaper than the Pre, without the rebate.

Oh, and speaking of the iPhone 3GS, Brust says Apple’s latest handset hasn’t been having much of an impact on sales the Pre, though Apple (AAPL) sold one million units compared with a reported 50,000 for the Pre during its first weekend at market. “We don’t see any big change since the iPhone came out yet,” Brust said. “That may happen.”

That may happen. Heh.

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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of would have done better.

— Gitesh Pandya of comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”