Pali Research Thinks Palm Pre (PALM) Sales Have Slowed
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Analysts a Pali Research just commented on Palm (Nasdaq: PALM), saying they believe that Palm Pre sales have slowed over the past week for Sprint to under 40,000 from 50,000 - 60,000 last week.
The firm said, "Based on our store checks today we donÆt believe that is a result of short supply in inventory. Products can ebb and flow from day to day based on weather and holidays and we caution investors to not be overly focused on our estimates of week to week changes in sales, particularly during a holiday week. We suspect that if sales continue to moderate, Sprint would increase its marketing budget for the product. The marketing budget behind the product has been somewhat limited..."
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