Last week, sales estimates of the Palm Pre totaled about 150,000 units. However, an updated report via Wireless and Mobile pegs the latest number at closer to 370,000 units sold, including 300k units in June and 70k units sold in May. This, in conjuction with many Sprint and Best Buy locations selling out of the initial 120k units, means that the demand is still high for Palm's newest smartphone.
In addition, at the current rate of about 15k devices a day, sales could best one million Pre smartphones in the first quarter, easily making it the most successful mobile launch in Sprint's history. To cope with demand, StreetInsider reports that Palm has doubled its order of the Pre to Taiwan handset supplier Foxconn, from 650k units to 1.2M units.
In conjunction with better Q4 results than expected, shares in Palm Inc. continue to hover around a year-plus high, currently sitting at the $16 mark.
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