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Telecom & Wireless

Palm (PALM) Picks European Vendors For Pre

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By Douglas A. McIntyre Updated Published
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palmAnalysts 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

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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