Palm Pre Release Date 6/6

  • Posted: 20 May 2009 09:50 AM #16

    ChasMac77 - 20 May 2009 12:12 PM
    TanToday - 20 May 2009 11:32 AM
    rattyuk - 19 May 2009 09:33 PM

    The charger while cool in a geek kind of way ain’t going to be cool in terms of green. You are not telling me that charging by induction is going to be more eco friendly than charging with a cable. Charge a pre kill TWO polar bears.

    All the more reason to want one, FIGHT THE GREENIES, the people that want YOU to suffer, as THEY jet around the world to ECO-CONFERENCES!

    Ok, so I guess they’re supposed to swim across the ocean to get to those??? HA! You’ve made so many right turns, you’re going in a circle.

    Palm has gone from $1.50 to $12+ in 6 months on this news alone. Talk about overbought! I’m taking a short position on it in the very near future. AAPL > PALM = the ultimate pairs trade IMO.

    lol

    What’s sad about the situation with the Palm Pre is how *badly* some want it to be successful.  (I don’t mean *Palm* people…I mean more *Windoz* types.)  There ARE those “out there” who would give ANYTHING to see Apple fail.  It’s almost their life’s goal, I suspect.  rolleyes

    Signature

    Steph :apple:
    Id quot circumiret, circumveniat

         
  • Avatar

    Posted: 20 May 2009 01:34 PM #17

    Intruder - 19 May 2009 10:57 PM

    Curious how you charge one in a car…

    Open the hood, lay it on the alternator, drive down the road an hour, pull over and remove the Pre, your good to go for a few hours.

    Seriously, they will probably have an auto charger that sits in a cup holder or something.

    On a related note, does the Pre have a charge cable connector or do have to use the half defibrillator?

    Signature

    “Works of art, in my opinion, are the only objects in the material universe to possess internal order, and that is why, though I don’t believe that only art matters, I do believe in Art for Art’s sake.” E. M. Forster

         
  • Posted: 20 May 2009 03:07 PM #18

    Inductive charging? My wife’s toothbrush uses the same technology. It’s as revolutionary as mag-safe. And that’s not what’s selling all those Macbooks!

         
  • Posted: 20 May 2009 07:46 PM #19

    The Pre is the first iPhone “killer” to come out with innovative features as opposed to playing copying and catch-up.  One of those features is an intelligent address book which slurps data from multiple sources and compiles it on the phone.  For example, it can grab info from all your facebook friends and magically put them in the phone’s address book.  I wish my phone did that.  the multitasking implementation also looks a lot more intuitive than with the iPhone or anything else. 

    And to clear up a misconception: the Pre can run native applications.  Palm designed the pre so that these applications are written with advanced web application languages, presumably to make the device accessible to more developers—after all, palm doesn’t have it’ own dedicated developer community in the same way apple does—whether that will result in as robust an application environment is yet to be seen.

    The Storm, G1, and even real pretenders like the Vu have been selling to consumers who might consider an iPhone, so while the pre might not seem interesting to us apple nuts, I think it will clearly compete with the iPhone.  But competition is good: the Spotlight feature in the 3.0 software was a direct response to the universal search feature that Palm designed into the Pre.

         
  • Posted: 20 May 2009 08:03 PM #20

    The Pre is on Sprint, so it will not compete directly against the iPhone anyway.  What it may do is convince Sprint customers to stay with Sprint.  Most Pre buyers will be choosing it over other Sprint phones, and there are fanatical Palm supporters who will welcome an advance over the Treo series.  I hope it is successful, because Sprint (my carrier) needs a boost, Apple needs a worthy competitor to the iPhone, and Sprint’s data plan is much less expensive than ATT’s, so ATT may be forced to be more competitive as well.  If Apple releases an iPhone for Verizon, one for Sprint may not be far behind; they use the same technology. Then we will see real head-to-head competition.

         
  • Avatar

    Posted: 21 May 2009 07:42 AM #21

    That is nonsense.

    IF they have the demand, the Chinese factories can UP the production rate to whatever levels are needed on a months notice.

    Signature

    “Even in the worst of times, someone turns a profit. . ” —#162 Ferengi: Rules of Acquisition

         
  • Posted: 21 May 2009 07:42 AM #22

    artman1033 - 21 May 2009 02:35 AM

    GOOD GRIEF!

    Word on the street says that only 200,000 PRE units will be available for sale the ENTIRE QUARTER!!

    That’s PATHETIC!  :wink:

    Signature

    Steph :apple:
    Id quot circumiret, circumveniat

         
  • Posted: 21 May 2009 08:25 AM #23

    artman1033 - 21 May 2009 02:35 AM

    GOOD GRIEF!

    Word on the street says that only 200,000 PRE units will be available for sale the ENTIRE QUARTER!!

    I think they have only 30,000 units for the launch - pretty certain Apple had more than that at launch. I think they are doing the Nintendo thing and creating the appearance of a high demand. I am not sure they know how many they are going to actually sell.

    Signature

    .

         
  • Avatar

    Posted: 21 May 2009 09:05 AM #24

    rattyuk - 21 May 2009 11:25 AM

    I think they are doing the Nintendo thing and creating the appearance of a high demand. I am not sure they know how many they are going to actually sell.

    Hhehehheheh…..

    .... sorry, that one hit my funny button.

    WHO DOES EVER....BEFORE they launch a new product line?

    Signature

    “Even in the worst of times, someone turns a profit. . ” —#162 Ferengi: Rules of Acquisition

         
  • Posted: 21 May 2009 09:12 AM #25

    TanToday - 21 May 2009 12:05 PM
    rattyuk - 21 May 2009 11:25 AM

    I think they are doing the Nintendo thing and creating the appearance of a high demand. I am not sure they know how many they are going to actually sell.

    Hhehehheheh…..

    .... sorry, that one hit my funny button.

    WHO DOES EVER....BEFORE they launch a new product line?

    One assumes that they have the people in place to actually predict what they think - you know business plan kinda stuff. Actually in this case I think they have made as many as they can afford to make and are hoping that these sales will fund the next production run.

    Signature

    .

         
  • Avatar

    Posted: 21 May 2009 09:31 AM #26

    Interesting take….....

    Jason Schwarz’s articles on Seeking Alpha
    Three Strikes from Apple and Palm May Be Out
    May 21, 2009 |

    Wish you could have shorted the Microsoft Zune? The problem with shorting the Zune was that it was such a small piece of the Microsoft (MSFT) empire; its lack of sales was insignificant on the share price.
    But now we have Zune part 2 coming at us in the form of the Palm (PALM) Pre. Once again, a washed up company is trying to compete with Apple?s (AAPL) dominance; you know how the movie plays out. Only in the sequel, the washed up company isn?t diversified to ensure their survival. Unfortunately, Palm is a one-trick pony whose entire fortune relies on the success of the Pre.

    When Apple released the iPhone there was a void in the smartphone market. Consumers wanted a media rich device. The iPhone delivered with its bundle of software that includes the music/movies/tv shows of iTunes, the safari web browser, and the endless functionality provided by the App Store. Research in Motion (RIMM) also fills a void. It caters to the business customer who relies on mobile communication. Data shows that iPhone owners are extremely happy. Blackberry owners are happy. What does Palm have to offer to make anybody switch?

    1-Function: The Pre has three features that the iPhone does not; 1) a physical slide out keyboard; 2) Palm’s new web OS platform that can run multiple apps at the same time; 3) A removable battery. The new iPhone is rumored to have more memory, a better camera, video recording and editing capabilities, built in FM transmitter, 1.5 times the battery life of current models, double the processing power, and turn by turn directions with the new GPS/compass. Of course these new features are on top of the new iPhone 3.0 software to be released along with the critically-acclaimed safari mobile web browser, iPod functionality and the App store.

    2-The App Store: Gartner analyst Robert Cozza says ?tighter integration with applications and services around music, mobile e-mail and Internet browsing make all the difference at the high end of the (smartphone) market.? The success of the Apple App store has exceeded even the highest of expectations. Apple CEO Steve jobs remarked that he had never seen anything like it in his career.

    Palm?s app store on the other hand is still a question mark. Will any software developer take the time to develop an app for the Palm Apps Catalog after Apple?s store has distributed over 1 billion? This is the difference maker. I?m sure the Pre hardware is a quality smartphone, but they all are. The Palm software needs to offer consumers a real reason to switch; a half-hearted imitation of Apple?s app store will doom the Pre to failure.

    3-Price: The Pre only competes with the iPhone $199 price tag after a mail-in rebate. National statistics show that less than 40% of consumers actually redeem mail-in rebates (ago.mo.gov/ConsumerCor…; That?s why companies do it. Palm is trying to make some desperate money by forcing consumers to pay $299. Not a good strategy when you?re competing against Apple.

    4-Sales: The Pre is only available through Sprint (S). Sprint is also struggling by the way. Needham & Co estimated that Palm will need to sell 8 million phones this year to justify its current share price. Apple had lines outside of Apple stores for 2 months and managed to sell 6.1 original iPhones in its first five quarters. Apple has now sold 21.4 million iPhones to date. Good luck to Palm on hitting 8 million this year.

    For the Pre to achieve success, it needs to fill a void or it needs to offer superior performance vs. its competitors. Apple filled the digital music void with the iPod. Microsoft came along and tried to copy it with the Zune but it failed miserably because it wasn?t any better than the iPod. The critics loved the Zune just like they love the Pre but what the critics don?t understand is that consumers need a substantial reason to switch.

    It looks like history is about to repeat itself. Palm is fighting for the company’s survival as it suffers from negative operating cash flow, more debt than cash, and revenue growth that is down 71%.


    If you?re invested in the tech sector and are looking for a good hedge, Palm appears to be a good short play. Strike 1: no need for the product. Strike 2: Sprint only. Strike 3: $299. In these beginning stages of the economic recovery I am leery of any short ideas but this one is intriguing. I wished I could have shorted the Zune, now I can.

    Signature

    ldrhawke

    Never Underestimate the Power of Stupid People in Large Groups or of Hedge Funds that Naked Short Sell aapl

         
  • Avatar

    Posted: 21 May 2009 09:43 AM #27

    rattyuk - 21 May 2009 12:12 PM

    Actually in this case I think they have made as many as they can afford to make and are hoping that these sales will fund the next production run.

    That was my initial thought; Palm’s just trying to manage its cash-flow.

    Signature

    “Once we roared like lions for liberty; now we bleat like sheep for security! The solution for America’s problem is not in terms of big government, but it is in big men over whom nobody stands in control but God.”  ?Norman Vincent Peale

         
  • Avatar

    Posted: 21 May 2009 02:29 PM #28

    Best Buy is allowing pre orders for the low low price of $ 849.99.  A pretty steep no contract price.


    http://www.bestbuy.com/site/olspage.jsp?skuId=9337595&st=palm+pre&lp=1&type=product&cp=1&id=1218087261903

         
  • Avatar

    Posted: 21 May 2009 02:35 PM #29

    Which stock do you NOW WISH you would have invested in at the beginning of the year?

    Which was second?

    How about third?


    Signature

    “Even in the worst of times, someone turns a profit. . ” —#162 Ferengi: Rules of Acquisition

         
  • Avatar

    Posted: 21 May 2009 02:38 PM #30

    MY real thoughts are…..

    IF this one gets the OOHS and AAAHs going right, and there is EVERY indication it will…..

    ... the cash rich, software deficients will be pumped and primed for a takeover bid.

    And THAT will necessitate a premium of 50% or more, I would imagine.

    In one fell swoop, you have a PLATFORM to port over to your lines, and you are back in the game against AAPL, with a VERY comparable product with LEGROOM to grow.

    Signature

    “Even in the worst of times, someone turns a profit. . ” —#162 Ferengi: Rules of Acquisition