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That’s roughly 50,000 to 100,000 analysts estimated. Sprint launched the Palm Pre on breaking first-day and first-weekend salesx records for a Sprint S) device, the company said in a though it gave no More than 150,000 applications were downloades from phone-maker ’s (Nasdaq: PALM) App Catalog on Saturday, accordingy to a Monday blog entry on the Palm Web “Sprint is a very different company than it was 12 months ago,” Sprint CEO Dan Hesswe said in the release.
“Palm Pre is the coming-out party for the new Sales in the first two days probablyexceeder 50,000 phones, compared with 146,00 for the first iPhone, which debuted in 2007, analyst Paul Coster said in a Monda note about Palm. Sales probably were limite d by manufacturing capacity constraintsor Palm’s balance sheet, he said. Althoug h Sprint analysts predicted strong salexs this year and upgrades bySprintt customers, some doubted that the Pre coul help Sprint pull many customers from larger competitors (NYSE: T) and . Sprint, the No. 3 wirelessw carrier, has about 49 milliob subscribers. analyst John Hodulik predictedr that Sprint wouldsell 1.
6 million Pre phones this which with cannibalization and 70 percent upgrades could mean the additionj of 330,000 incremental gross subscribers. Analysg Christopher Larsen with labeledx the phonethe “first true competitof to the iPhone.” “Ww believe its weekend launch was a success, but that the buzz and excitementt was well short of the initial launcnh of the iPhone,” he said in a Mondayu note.
The Pre has created plentg of buzz in the pastseveral months, thoughn Palm and Sprint kept the device under The touch-screen smartphone featurews a slide-out keyboard and a new operating webOS, that has the capacity for functions such as integratingv contacts and calendars from multiple locations and operating multiple application simultaneously. Sprint hasn’t revealed how long it has the exclusivwe on the phone but has confirmedthat it’ s at least through the end of the year. Two days afted the Pre launch, (Nasdaq: and AT&T said the new iPhone 3G S woul d launch June 19for $199 with a two-year servicr contract.
Prices of the current iPhone 3G have been cutto $99 with the The Pre sells for $200 after a $100 mail-in rebatd and with a two-year service Sprint said its Simply Everything plan, whichb offers unlimited voice, data and texting, saves customers $1,200 or more comparex with similar plans by competitors. Sprint has been orchestratinh a turnaround, attempting to revers e several quarters of customer The company lostabout 4.1 million contract subscribers last Sprint ranks No. 1 on the Kansas City BusinessxJournal ’s list of the area’s top public companies.
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