Palm's Pre Is Trying to Live Up to the Hype
Palm's road to a comeback is hitting a few speed bumps.
When Palm (PALM) launched its Pre smartphone on June 6, expectations were high that the long-troubled company could have a hit with the device, the biggest launch by the new management team led by a former Apple (AAPL) executive. Now analysts estimate that Palm likely will sell just 300,000 to 500,000 Pres in their first three months on the market. That's not bad, but it's short of the outsize expectations ramped up by the phone's advanced technology and splashy debut.