“Palm Inc. is signaling something which many smartphone and PDA-phone makers do not want to signal… difficulty grabbing market share for the new Palm Pre,” Jon C. Ogg writes for 24/7 Wall St. “The new promotion out of Sprint Nextel Corp. has the cost of new Sprint customers down roughly to $99.99. While this $99 Palm is only for those who switch from another carrier and transfer in the phone number, does this exactly signal the greatest demand out there?”
“The $99.99 offer for new outside customers will last through October 31, 2009 and is for those signing a 2-year contract.,” Ogg writes. “Will this move boost sales? Perhaps. But this has to be a signal that the market penetration is low. We have seen several negative reports on this, and my own discussions with Palm Pre owners is not the same loving feeling you get from those using the new versions of the iPhone from Apple Inc.”
• Desperation time? Microsoft Zune already being discounted by retailers – December 13, 2006
• Palm Pre: Microsoft Zune, the sequel – May 21, 2009
Ogg continues, “The odd notion here is that this launched in June and on the formal launch date we noted how there were not absolute sell-outs at some stores or how the launch allocations per store was very small.”
Full article – “Palm Pre Price Cuts… Paradise Lost?” – here.
[UPDATE: 5:57pm EDT: Sprint has pulled the $99 Pre offer. “Just six or so hours after offering a $100 service credit to new subscribers who purchase a Palm Pre and port their numbers over from another carrier, Sprint canceled it,” John Paczkowski reports for AllThingsD. “Here’s the company’s official statement on the matter: After further internal review today, the offer of a port-in service credit of $100 to new customers who buy the Palm Pre has been pulled, because it was put into the system in error.”]
MacDailyNews Take: Palm’s App World, or whatever they call it, just passed the 58 app milestone yesterday. Yes, fifty-eight. At this rate they’ll catch Apple just after time and space collapse upon each other forming an extremely dense scrambled mess that’ll be surpassed in indecipherability only by Microsoft’s Windows’ codebase.
Great Moment in Bullshit™: “What you’re looking at is that [Palm is] going to have the most valuable asset in the industry… From a products perspective, the [Palm Pre’s] impact on the market is probably as important as iPhone.”- Pacific Crest analyst James Faucette, June 03, 2009
James Faucette’s email address is
[Thanks to MacDailyNews Reader “Robert S.” for the heads up.]