Analyst Finds Palm Pre Sales Stabilize At Ho-Hum Levels
July 14, 2009 at 13:03 PM EDT
Despite the early fanfare and limited inventory at launch, Sprint doesn't seem to be hitting it out of the park with the new Palm Pre. Earlier this month we reported on some channel checks by JNK Securities analyst Mike Ehrlich, who called 50 Sprint stores and found out that sales were lackluster. Yesterday, he issued a new report based on channel checks from last Thursday and Friday, Week 5 after the Pre's launch. Of the stores willing to discuss sales volumes, here is the breakdown of demand on a per-store basis: Week 5 Palm Pre Sales Per Sprint Store 10 units or less: 30% (vs. 40% the prior week) 10 to 20 units: 45% (vs. 33% the prior week) 20 to 30 units: 18% (vs. 16% the prior week) 30 to 50 units: 12% (no comparable)