Telecom & Wireless
Palm (PALM) Picks European Vendors For Pre
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Analysts in the United States are already saying that sales of the Palm (PALM) Pre by exclusive distributor Sprint (S) are starting to slow. Fortunately for Palm shareholders, the handset company has already found vendors to sell the handset in Europe.
According to Reuters, Telefonica’s O2 will market the product in German, Ireland, and the UK. Movistar will sell it in Spain. The news agency writes that the product will be out by Christmas.
Palm’s trouble may be that the RIM (RIM) Blackberry and Apple (AAPL) iPhone have been on sale in Europe awhile, and that head start has probably given the firms a chance to soak up most of the ready buyers for high-end smartphones. Palm’s disadvantage in Europe may be identical to the one in the US. It may have a perfectly good product, but it is more than a year too late in bringing it to market.
Douglas A. McIntyre
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