investment note

Pre Makes Palm a New Man in Only Minutes a Day

John Paczkowski in News on June 24, 2009 at 9:50 am PT

Palm’s market cap is currently $1.95 billion. A year ago it hovered around $400 million. Amazing when you think about it, really. On the promise of the Pre and the company’s new WebOS operating system alone, Palm has added more than $1.5 billion to its market cap.

Analyst: 750,000 iPhones Sold Last Weekend

John Paczkowski in News on June 22, 2009 at 4:40 am PT

Piper Jaffray analyst Gene Munster was right. The iPhone 3GS didn’t sell as well as the iPhone 3G did during its launch weekend last year. But it did quite a bit better than he thought. In an investment note issued this morning, Munster estimated the company sold 750,000 iPhones over the weekend.