John Paczkowski

Recent Posts by John Paczkowski

Perhaps by "Devices Like the Pre," Verizon CEO Meant the iPhone?

pre_High_HatWell, now we know why Verizon Wireless CEO Lowell McAdam said he expects to have “devices like the Pre” on his network by next year: The carrier reportedly doesn’t plan to offer the Pre at all.

Sources close to the company tell TheStreet.com that Verizon has reconsidered its plans to add Palm’s new smart phone to its lineup.

An interesting rumor, but clearly one that’s to be taken with a grain of salt, if not a salt lick entire.

Why? Well, Palm (PALM), which declined comment on the report, just yesterday reaffirmed its fiscal year 2010 outlook and its planned product and carrier launches. Which means it doesn’t foresee any material changes in its business in the near future. Presumably, Verizon (VZ) passing on the Pre would count as such a change.

Moreover, the same sources who told the TheStreet.com that Verizon was going to give Palm the high hat also said the company might take a more diplomatic approach to the situation and simply order just a few Pres with no intention of lending the device much marketing support.

So, as I said, to be taken with a grain of salt…

One thing’s certain, though: If the rumor does prove true, it’s a serious blow not just to Palm, but to Verizon customers pining for a decent handset as well. Unless, of course, Verizon has cut an iPhone deal with Apple (AAPL)–in which case it’s just lousy news for Palm.

UPDATE: Analysts who follow Palm are already lining up to debunk TheStreet.com’s report.


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— Author Tim Kreider on not getting paid for one’s work