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Palm Warns of Q3 Losses, Everyone Still Salivating For Pre

By: , IntoMobile
Wednesday, March 4th, 2009 at 9:03 AM

Even with the Treo Pro launching on Alltel, Sprint and Bell, Palm is hedging their bets and forecasting that most folks will be holding out for the Pre. I’d say something about the “calm before the storm” but I’m pretty sure the Verizon marketing team has beaten that horse to a bloody pulp. Estimates put third quarter earnings at $85 – $90 million, a significant drop from the expected $155 million. Shares dipped 83 cents overnight, but they’re still riding high on Pre hype. The quartlery report will be going public on March 19th., but really, I don’t think most folks will care about their results until the Pre launches.

[via Reuters]

About The Author

Simon Sage

Simon Sage’s education largely surrounded writing, technology and online community, leading him to begin his blogging career at www.BlackBerryCool.com and to quickly discover a vibrant and active community surrounding BlackBerry and mobile technology. In exploring RIM’s platform, he has learned what enterprises are looking for in mobility as well as what makes the innocuous BlackBerry so appealing to them. Recently Simon’s been covering RIM’s gradual move into an already-crowded consumer market, and the impact of burgeoning challengers, such as the iPhone, as well as long-time leaders, like Nokia, on BlackBerry’s advancement. With plenty of content under his belt, Simon will be branching off a bit to see what other smartphone manufacturers are working on while still using BlackBerry as a barometer. At IntoMobile, you can count on his posts being even-handed, well-informed and thought-out.