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Palm's pending Pre can't justify stock bump since January

Posted May 27th 2009 6:40PM by Brian White (RSS feed)
Filed under: Products and Services, Launches, Palm Inc (PALM)

As soon as Sprint Nextel Corp. (NASDAQ: S) and Palm Inc. (NASDAQ: PALM) announced the Palm Pre back in January, Palm's stock has shot up from just over $3 to today's close of over $10. All this based on the announcement of an untested (albeit incredibly slick) new handset called the Pre. It debuts on Sprint's network on June 6 and is being billed by many as the "iPhone killer" that so many phones have tried to be but failed at.

Continue reading Palm's pending Pre can't justify stock bump since January

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