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Palm Warns of Q3 Losses, Everyone Still Salivating For Pre

March 4, 2009 by Simon Sage - Leave a Comment

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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]

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