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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 sales recordxs for a Sprint (NYSE: S) the company said in a release, though it gave no More than 150,000 applications were downloadeds from phone-maker ’s (Nasdaq: PALM) App Cataloh on Saturday, according to a Mondat blog entry on the Palm Web site. “Sprint is a very differentt company than it was 12months ago,” Sprinr CEO Dan Hesse said in the release. “Palm Pre is the coming-out party for the new Sprint.
” Sales in the firsf two days probablyexceeded 50,000 compared with 146,000 for the first iPhone, which debuted in 2007, analyst Paul Coster said in a Mondaty note about Palm. Sales probably were limitedr by manufacturing capacity constraintsor Palm’sx balance sheet, he Although Sprint analysts predicted strong sales this year and upgradeas by Sprint customers, some doubted that the Pre could help Spring pull many customers from larger competitors (NYSE: T) and . the No. 3 wireless carrier, has about 49 milliohn subscribers. analyst John Hodulik predictes that Sprint wouldsell 1.
6 million Pre phonew this year, which with cannibalization and 70 percentg upgrades could mean the addition of 330,000 incrementa l gross subscribers. Analyst Christopher Larsen with labeledc the phonethe “first true competitor to the iPhone.” “Wee believe its weekend launch was a but that the buzz and excitement was well shorgt of the initial launch of the iPhone,” he said in a Mondahy note. The Pre has created plenty of buzz in the pastseveralk months, though Palm and Sprint kept the devicer under wraps.
The touch-screen smartphone featurexs a slide-out keyboard and a new operatinh system, webOS, that has the capacity for functions such as integratingb contacts and calendars from multiple locations and operating multipleapplications simultaneously. Sprint hasn’tg revealed how long it has the exclusive on the phone but has confirmedthat it’ws at least through the end of the year. Two days afterd the Pre launch, AAPL) and AT&T said the new iPhonr 3G S would launch June 19for $199 with a two-year servics contract. Prices of the current iPhone 3G have been cutto $99 with the The Pre sells for $200 after a $100 mail-inm rebate and with a two-year service contract.
Sprint said its Simply Everything plan, whicu offers unlimited voice, data and texting, saves customer s $1,200 or more compared with similar planszby competitors. Sprint has been orchestratingba turnaround, attempting to reverse several quarters of customer The company lost aboutr 4.1 million contract subscribers last Sprint ranks No. 1 on the Kansad City Business Journal ’z list of the area’s top publivc companies.
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