Demand for Palm Pre Exceeds Expectations

Demand for Palm Pre Exceeds Expectations

Palm has recorded a much lesses quarter loss after Pre hit the the stores and demand continued to boost. According to Palm executives, they expect Pre to haul the company out from successive losses. 
 

Palm pre was officially distributed earlier this month. The device gathered rave reviews from analysts. Its estimated units shipped reached around 150,000, quite a good figure to start. 

 

Palm chief executive officer Jon Rubinstein said, "We're successfully ramping supply to meet demand that is strong and

growing."

 

Palm is hoping to have a more favorable cash flow in the first two quarters next year. The firm incurred $105 million loss in the fiscal fourth quarter. With Pre now on the market, revenues are seen to boost and losses are believed to narrow down over the next few months.