Research Report Suggests Order Doubled to Palm Pre Assembler (PALM)

There's a positive piece of research going around today on Palm, Inc. (Nasdaq: PALM) from a group called OTR Global. The report suggests that sources in the Taiwan handset supply chain said Palm has almost doubled its order of the Pre to assembler Foxconn from 650,000 units to 1.2 million units.

The report could explain the continued strong momentum in the stock. Shares of PALM are up another 4.8% today to $16.58.

In addition, the report notes:

• Total June-August shipments expected to reach more than 1 million units
  
• WCDMA Pre and Pixie production set to begin in September
  
• One key source believes VZ will get an upgraded Pre in January
  
• Palm plans 2 more devices for 1H10

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