Feeds

Palm sales to surpass expectations – Bear Stearns

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

  • alert
  • submit to reddit

Internet Security Threat Report 2014

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

Providing a secure and efficient Helpdesk

More from The Register

next story
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
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.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.