Rumors of a Pre-less Verizon “off base” according to analysts
Posted in: palm, palm pre, PalmPre, pre, rumor, Today's Chili, verizon, Verizon Wireless, VerizonWireless
A dubious rumor from The Street floating around about how Verizon was snubbing the Pre due to lackluster sales and no outlet for its VCast Store (which was a bit too thin to make it onto these virtual pages, in fact) has been questioned by a couple of analysts today. According to Deutsche Bank’s Jonathan Goldberg and Morgan Keegan & Co’s Tavis McCourt, a combination of supply chain orders and Palm’s own 2010 financial projections — not to mention Verizon’s long history with Palm — all point to a Pre launch on Verizon early next year, as previously rumored by the WSJ and confirmed by Verizon itself in July. Jonathan specifically called the new rumor “off base” and “incorrect,” while Tavis says that “We do not have insight as to the marketing support Palm will get from Verizon, but we see little risk in not getting a placement at this carrier.” Analyst fight!
Read – Analyst debunk on AllThingsD
Read – Original story on The Street
Filed under: Cellphones
Rumors of a Pre-less Verizon “off base” according to analysts originally appeared on Engadget on Fri, 25 Sep 2009 11:01:00 EST. Please see our terms for use of feeds.