MacDailyNews Take: Does the iPhone have Multi-Touch™?
Savitz continues, “Town Hall Investment Research analyst David Eller asserted in a research note this morning that sales of the Pre ‘are continuing to slow,’ and ‘likely will come in dramatically below’ Sprint’s reputed target of 1 million to 1.5 million customers for the year. Eller now sees the company selling 416,000 units in the August quarter overall, down from a previous estimate of 488,000. For the November quarter, Eller expects the company to ship 785,000 units.”
“The reduced estimates, Eller contends, is less a failure on the part of Palm as ‘overly ambitious expectations in the face of a weak retail spending environment, competition from the iPhone 3Gs’ and the slowing development of the Palm rival to the Apple App Store,” Savitz reports. “Eller adds that ‘with the Palm’s fade,’ takeover talk is also likely to evaporate. As the world realizes that the WebOS is ‘good but not mature enough for developers,’ he adds, ‘Palm’s strategic value to potential acquirers diminishes.'”
MacDailyNews Take: Uh, oh, now even the original intent of the Pre/WebOS — takeover bait — is fading away just like the company itself.
Full article here.
MacDailyNews Take: If they couldn’t cut it at Apple in the first place, why would anyone think that a bunch of castoffs would be able to compete?