Sprint Expects Shortages Of The Palm Pre To Continue—New iPhone Or Not
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Sprint (NYSE: S) probably shouldn’t be bragging about how it can’t keep inventory in stock, but nonetheless, it was clear in saying today that it continues to have shortages of the new Palm (NSDQ: PALM) Pre. To boot, it claims not to have felt any impact from the new iPhone.
SEE ALSO: Palm Trying To Ramp Up Pre Application Production
Sprint’s CFO Bob Brust said during a Webcast of an investor conference: “We still have a backlog of subscribers but it’s not unmanageable and we get shipments every week.”
Brust said shipments are increasing every week, and that they’ll be short for awhile but are catching up with demand, Reuters reported. He further added that Pre sales have not appeared to be affected by the new iPhone, which went on sale Friday.“We don’t see any big change since the iPhone came out yet. That may happen,” he said, promising a clearer update on Pre sales when Sprint reports second-quarter results next month.
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