Feeds

Palm sales to surpass expectations – Bear Stearns

The PC market is down, but PDAs are on the up

  • alert
  • submit to reddit

Intelligent flash storage arrays

The PC market may be depressed, but demand for PDAs - and those from Palm and Handspring in particular - remains high, according to a survey by US broker Bear Stearns.

The company claims 54 out of 100 retailers it contacted at the end of November said demand for PalmOS-based devices is running higher than expectations, with Palm and Handspring leading the pack.

"Demand is very, very strong for Palm and Handspring," said Bear Stearns analyst Andrew Neff yesterday. Sony's PalmOS-based Clié hasn't been doing too well, however, but given how pricey it is in comparison, we're not entirely surprised.

Customers are clearly targeting the cheaper models. Palm's m100 and now less expensive Palm V PDAs have sold out in some stores, said Neff. Handspring's main Visor models come in at the lower end of the overall PDA price range.

If Palm is indeed having supply problems, that will work to Handspring's advantage, allowing it to take sales it might not otherwise have made. But both companies need to keep a close watch on their ability to meet demand if Neff's bullish predictions of expectations-beating sales are to be realised.

Neff's comments and findings follow Goldman Sach's impressive write-up of Palm's prospects. The broker described Palm stock as a "compelling" buy.

"We are convinced that present supply is in check and the company will not miss the top line this quarter because of limited supply," it told Palm shareholding clients t'other week. ®

Related Stories

Sell your granny to buy Palm stock - analyst
PocketPC takes marketshare from Palm
Palm erodes Handspring marketshare

Choosing a cloud hosting partner with confidence

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Big Content outs piracy hotbeds: São Paulo, Beijing ... TORONTO?
MPAA calls Canadians a bunch of bootlegging movie thieves
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
Hungary's internet tax cannot be allowed to set a precedent, says EC
More protests planned against giga-tariff for Tuesday evening
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Getting ahead of the compliance curve
Learn about new services that make it easy to discover and manage certificates across the enterprise and how to get ahead of the compliance curve.