Palm Pre Sales Top 300,000 in June

Looks like Palm (NSDQ: PALM) had a heck of a June. At least, in comparison to previous numbers. According to Charter Equity Research analyst Ed Snyder, Palm Pre sales in June hit over 300,000 units. Not too shabby at all, especially when you consider only 120,000 units were available at startup. Since then, Palm has cranked up production to around 15,000 units per day, to help meet demand.

On top of all this, a WCDMA version of the Pre is on the horizon, which should help Palm push sales of the Pre up above 1 million per month. The WCDMA version would be launched by Telefonica (NYSE: TEF) sometime this fall (September-ish)… and when you put that together with Sprint (NYSE: S), and a planned launch by Bell north-of-the-border… The outlook and cashflow issues are lookin’ pretty darn good for Palm these days.

[Via: Barron's]