AllThingsD » Edward Snyder

China Delays Filtering Initiative

John Paczkowski — Tue, 30 Jun 2009 17:00:52 +0000

[ See post to watch video ]

Palm Sold 300,000 Pres in June

John Paczkowski — Tue, 30 Jun 2009 12:10:16 +0000

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 (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. Sources in the manufacturing and retail channels tell Snyder that Palm may have sold as many as 300,000 Pres in June and 70,000 in May.

Those are impressive figures if they prove true. After all, Palm shipped just 351,000 phones in the entire quarter prior to the Pre’s debut. If Palm ships one million Pres to Sprint (S) in the device’s first full quarter of production, as Snyder believes, that will be an achievement indeed.

As I’ve said before, turnaround story of the year.

Broadcom: Charter Equity Turns Bullish; Cites Nokia Deal

Eric Savitz — Thu, 18 Jun 2009 20:45:36 +0000

Charter Equity Research analyst Edward Snyder today lifted his rating on Broadcom (BRCM) 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 (NOK) for its low-end phones.

Snyder says the part had been delayed by a “noise issue” that now appears to be corrected. Snyder says the total EDGE market could be in the $200 million to $250 million range; he says the low-cost portion targeted by Broadcom will be just a small fraction of the market, but that successful deployment of the EDGE SOC “would ensure Broadcom’s position in the top echelon of baseband providers.”

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