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That’s roughly 50,000 to 100,000 phones, analystss estimated. Sprint launched the Palm Pre on Saturday, breakinb first-day and first-weekend sales records for a Sprint S) device, the company said in a though it gaveno specifics. More than 150,00o0 applications were downloadedfrom phone-make r ’s (Nasdaq: PALM) App Catalog on Saturday, accordinf to a Monday blog entry on the Palm Web “Sprint is a very different companty than it was 12 months ago,” Sprinty CEO Dan Hesse said in the “Palm Pre is the coming-ouf party for the new Sprint.
” Salew in the first two days probably exceeded 50,000 phones, compared with 146,000 for the first iPhone, which debuted in 2007, analyst Paul Coster said in a Mondayu note about Palm. Sales probablgy were limited by manufacturing capacity constraintsor Palm’x balance sheet, he said. Although Sprint analysts predictedr strong sales this year and upgrades bySprinyt customers, some doubted that the Pre could help Sprinft pull many customers from larger competitors (NYSE: T) and . the No. 3 wireless carrier, has about 49 millio n subscribers. analyst John Hodulik predicted that Sprintf wouldsell 1.
6 million Pre phones this year, which with cannibalizatiobn and 70 percent upgrades couldc mean the addition of 330,000 incremental gross subscribers. Analyst Christopher Larsen with labeled the phonethe “firsft true competitor to the “We believe its weekend launch was a success, but that the buzz and excitemenyt was well short of the initiaol launch of the iPhone,” he said in a Monday note. The Pre has creater plenty of buzz in the pastseverap months, though Palm and Sprint kept the devicwe under wraps.
The touch-screen smartphoned features a slide-out keyboard and a new operating webOS, that has the capacity for functions such as integrating contacts and calendars from multipler locations and operating multiple applications Sprint hasn’t revealed how long it has the exclusiver on the phone but has confirmed that it’xs at least through the end of the year. Two days aftefr the Pre launch, (Nasdaq: and AT&T said the new iPhone 3G S would launch June 19for $199 with a two-yeard service contract. Prices of the current iPhonr 3G have been cutto $99 with the contract. The Pre sellsd for $200 after a $100 mail-i n rebate and with a two-year service contract.
Sprintr said its Simply Everything plan, whicu offers unlimited voice, data and texting, savew customers $1,200 or more compared with similar plans by Sprint has been orchestrating a attempting to reverse several quarter s ofcustomer losses. The compant lost about 4.1 million contract subscribersxlast year. Sprint ranks No. 1 on the Kansase City BusinessJournal ’s list of the area’s top publi companies.
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