China Delays Filtering Initiative

Palm Sold 300,000 Pres in June

During its post-earnings conference call last Thursday, Palm refused to say how many Pre handsets have been sold to date. Or how many it believes it will sell in the first quarter of production. The company would say only, in the words of CEO Jon Rubinstein, that “sales have been strong and growing.” So until Palm provides specific Pre sales figures, we have only the estimates of analysts with which to gauge the device’s impact on Palm’s moribund smartphone franchise. And the latest estimates, from Edward Snyder at Charter Equity Research, suggest that the impact is great.
palm_pre_adflv

Voices

Broadcom: Charter Equity Turns Bullish; Cites Nokia Deal

Charter Equity Research analyst Edward Snyder today lifted his rating on Broadcom to Buy from Market Perform. In his research note, Snyder said he expects to see an increase this fall in the company’s revenue from the wireless segment as volumes rise in shipments of EDGE system-on-a-chip components to Nokia for its low-end phones.