Palm seems to have satiated pent-up early demand for its new Pre smartphone, constrained supplies be damned. In a pair of investor notes issued today, analysts at Pali Research and JP Morgan say that sales of the Pre have tapered off to a point where supply and demand are roughly in parity.
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Palm has shipped 100,000 Pres since the device debuted on June 6. This, according to J.P. Morgan analyst Paul Coster, who estimates that more than 50,000 phones were sold in the first two days it was available and says the company may have sold another 50,000 in the days that followed.
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The Palm Pre officially went on sale this morning, and judging from initial reports–and my experience at a local northern California Sprint store–neither demand or supply was particularly overwhelming. Certainly, lines for the device were far shorter than those that extended from Apple stores for the launches of the iPhone and the iPhone 3G. Arriving outside my local Sprint store about an hour after they first opened, I found not a queue of eager Pre-buyers, but two kids making forts out of a few Pre shipping boxes left outside the store.
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Those store-within-a-store Apple boutiques that have been appearing in Best Buys around the country may soon start popping up in Wal-Marts as well. That’s the word from Ben Reitzes, an analyst with Barclays Capital, who believes the retailer hopes to add the Mac to the PC lines it peddles.
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The days of the traditional gaming console are coming to an end–according to entrepreneur Steve Perlman, anyway.
Later today, Perlman–a former principal scientist at Apple and the founder of WebTV–will officially unveil OnLive, the online service with which he hopes to upend the $46 billion world-wide videogame market.
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Though Wal-Mart has made no official announcement regarding the reportedly imminent arrival of Apple’s iPhone on its shelves, it would seem that the big-box retailer will begin peddling the device before the year is out. If that’s the case, how many iPhones is Wal-Mart capable of selling?
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Come late December, customers shopping at their local Wal-Mart will be leaving the big-box retailer not just with vacuum cleaners and massage cushions, but with iPhones as well. Boy Genius reports that Apple’s iconic phone will begin arriving at select Wal-Mart locations on Dec. 28.
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No one is immune to the econalypse. Not even “Specialty Retailer of the Decade” Best Buy. The company today joined the sad conga line of retailers lamenting the recent turmoil in the financial markets. Citing continued weakness in consumer spending, the company slashed its fiscal 2009 profit forecast.
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Astonishing. The average prole spends more than 25 percent of his or her time online at work on personal activities. That’s the word from IT consultancy Voco, apparently having just discovered that the Internet, which essentially puts a concert hall, movie theater, TV, brokerage firm, shopping mall, garage sale and family/friend gathering on every employee desktop, can be–gasp–a distraction in the workplace.
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Come next month there will be another retail outlet at which to wait in line for an iPhone. On Sept. 7, Best Buy will become the first U.S. retail chain to sell the iPhone outside of the Apple-AT&T duopoly. The deal is an obvious coup for the big-box retailer, which, with the exception of Apple and AT&T, has a national exclusive on the device through Christmas.
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