“Sprint Nextel Corp expects shortages of Palm Inc’s high-profile Pre smartphone for a while but has not felt any impact from the new iPhone 3G S so far, Sprint’s chief financial officer said on Tuesday,” Sinead Carew reports for Reuters.
“Sprint — the exclusive U.S. provider of Pre — sees Pre, which sold out during its launch weekend at the beginning of June, as a key to stemming its subscriber losses,” Carew reports. “But some analysts have worried that tight supply would hurt sales.”
Carew reports, “The Pre, which competes with Apple Inc’s iPhone, went on sale roughly two weeks ahead of the launch of the newest iPhone — the iPhone 3G S — which sold about a million in its first weekend.”
Carew continues, “In comparison, analysts estimate that Palm sold about 50,000 Pre phones in its first weekend.”
MacDailyNews Take: Which ‘analysts,” Sinead? And do they have any stake in Palm and/or Sprint?
Carew continues, “Sprint CFO Bob Brust told investors that the rate of Pre sales does not appear to have been hurt by the new iPhone. ‘We don’t see any big change since the iPhone came out yet. That may happen,’ he said, promising a clearer update on Pre sales when Sprint reports second-quarter results next month.”
Full article here.
MacDailyNews Take: “That may happen.” Classic.
[Thanks to MacDailyNews Reader “JES42” for the heads up.]