Both Sprint and Palm have a lot riding on the Palm Pre. In Sprint’s case, the carrier desperately needs a hit to help it stop bleeding customers. For Palm, its much more serious: either the Pre is a success, or the company itself may fail.
According to Charter Equity Research analyst Edward Snyder, neither company has anything to worry about. While early estimates pegged initial Pre sales at 150,000 units, Snyder believes that the actual number is about twice that.
He says that his own checks show that demand for Palm’s touch screen device remains strong, and Palm is churning out about 15,000 Pres per day. At that rate, Sprint should have about 1 million of the devices to sell in the upcoming summer quarter. Neither Palm nor Sprint have so far commented on the report.