Wednesday, October 24, 2007

Preliminary Reports, Centro Selling Well

Even though we are still months away from Palm's next quarterly earnings statement, early indicators are that sell through of Palm's latest Centro smartphone is good.

James Faucette, an analyst for Pacific Crest, recently wrote, “Our retail sell-through checks for the first weeks of availability indicate solid sell-through. We also believe that Centro cannibalization of the higher-ASP Treo is around 30%, versus our previous expectation of 50%.”

Unofficial reports are also coming in from conversations with retail sales associates from Sprint stores. To summarize one poster on the Yahoo! Finance discussion board Centro sell through is higher than expected and that Centro is popular with high school and college students.

Both of these reports bode well for Palm. I'll be looking forward to seeing official sell through numbers at the end of the current quarter.

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