![]() |
|
#1
|
||||
|
||||
|
Palm Pre on Verizon: Still a Possibility
![]() According to Digital Daily, analysts are thinking yesterday's rumor that Verizon may skip the Pre is poppycock. Deutsche Bank's Jonathan Goldberg writes: Our checks continue to point to healthy carrier demand for the Pre early in calendar 2010. We believe Palm has placed orders with the supply chain for another version of the Pre with features highly consistent with a Verizon launchIndeed, if you take a look at Palm's financial guidance for 2010, as Morgan Keegan's Tavis McCourt did, there's pretty much no way Palm could hit the numbers they're planning on without Verizon. Meanwhile, Bloomberg received a statement from Palm that, while it's not a straight denial, definitely adds another bucket of cold water. They write that Palm has "reiterated its plan to work with additional wireless carriers in the second half of fiscal 2010." "Additional carriers" doesn't necessarily mean "Verizon," of course -- especially since we've heard plenty of rumors that the Pixi will hit AT&T. In other words, Don't Panic. Update: Palm, while they "don't comment on rumors and speculation" does "point out that in a press release we issues yesterday, Palm re-affirmed it's fiscal year 2010 outlook and planned product and carrier launches in the second half of Palms fiscal year ending in May 2010." Here's the relevant bit from the press release where Palm announced they're exercising their over-allotment option: Palm expects to use the proceeds for working capital and general corporate purposes. Palm also reaffirmed its fiscal year 2010 outlook and its planned product and carrier launches in the second half of Palm's fiscal year ending in May 2010. |
| The Following User Says Thank You to D/\SH For This Useful Post: | ||
|
PHE-NOM (09-25-2009)
| ||
![]() ![]() |
| Tags |
| palm, possibility, pre, verizon |
| Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| [NEWS] Verizon to Go for the Hero, Forgets Palm Pre | D/\SH | Society Cell Talk | 0 | 09-28-2009 12:49 PM |
| [NEWS] Palm Pre Reports Your Location and Usage To Palm | D/\SH | Society Cell Talk | 6 | 08-12-2009 11:11 PM |
| Palm Pre hacked and running on Verizon | Metalmayhem | Bulletin News | 4 | 07-11-2009 02:17 AM |
| [NEW] Palm pre - palm poop | ICEM/\N | Society Cell Talk | 8 | 06-08-2009 01:17 AM |
| [NEWS] Verizon Wireless to carry Palm Pre Storm 2 in about six months | ICEM/\N | Bulletin News | 1 | 05-30-2009 03:53 AM |