Sprint Nextel is ramping up advertising for the Palm Pre ahead of the device's launch, rumored for mid-May.
The carrier, which is looking to revive its flagging subscriber growth with the Pre, took out a full-page color advertisement for the Pre in the Wall Street Journal Friday, at a cost of $246,000. The Pre also appeared at the end of a Sprint commercial touting the amount and type of data on Sprint's network.
Print advertisements usually herald the impending launch of a new flagship phone. AT&T Mobility started running print ads for Research In Motion's BlackBerry Bold about a month before that device launched. Recently leaked internal Sprint retail documents [1] indicate that the Pre may be launching May 17, though that is unconfirmed.
Meanwhile, Bank of America/Merrill Lynch analyst Vivek Arya upped his rating on Palm to buy, adding that Wall Street "underestimates Sprint's commitment to Palm's success and [the] strength of the [the] underlying smartphone market." Arya said he thinks Palm could ship up to 2.5 million Pre units in the second half of 2009, and 6.2 million in 2010.
For more:
- see this article [2]
- see this post [3]
- see this article on Palm's upgrade [4]
- see this new Sprint video featuring the Pre at the end [5]
Related Articles:
Video: Hands on demo of the Palm Pre [6]
Palm sales drop in anticipation of Pre [7]
Palm Pre vs. The iPhone
[8]Palm [9] responds to Apple's veiled threat of litigation
Apple [10] sells 4.4M iPhones in Q1, warns competition
Palm [11] reading: Will the Pre and webOS save Palm?
Palm [12] pins hopes on Pre, new OS
[6]
Links:
[1] http://www.engadgetmobile.com/2009/04/13/palm-pre-launching-no-earlier-than-may-16/
[2] http://www.pcmag.com/article2/0,2817,2345494,00.asp
[3] http://www.intomobile.com/2009/04/19/sprint-goes-all-out-with-264000-palm-pre-advertisement.html
[4] http://blogs.barrons.com/techtraderdaily/2009/04/20/palm-merrill-ups-rating-to-buy-sets-14-target/?mod=yahoobarrons
[5] http://www.fiercewireless.com/story/check-out-sprints-new-advertisement/2009-04-20
[6] http://www.fiercewireless.com/story/video-hands-demo-palm-pre/2009-01-30
[7] http://www.fiercewireless.com/story/palm-sales-drop-anticipation-pre/2009-03-20
[8] http://www.fiercewireless.com/slideshow/palm-pre-vs-iphone-3g-how-similar-are-they
[9] http://www.fiercewireless.com/story/palm-responds-apples-veiled-threat-litigation/2009-01-26
[10] http://www.fiercewireless.com/story/apple-sells-4-4m-iphones-q1-warns-competiton/2009-01-22
[11] http://www.fiercewireless.com/story/palm-reading-will-pre-and-webos-save-palm/2009-01-14
[12] http://www.fiercewireless.com/story/palm-launches-new-operating-system-handset/2009-01-08