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Big Numbers for Palm

When Palm announced plans for a new phone, the effect on the tech world was like telling the kids they’ll get to go to Disney World. All the questions were “When?” “How much longer?” and “What will it be like?” Now that June 6 has come and gone, and the eager techies are happily fiddling with features on their new phone, we’re hearing about how the event has gone for Palm.Big Numbers for Palm

As it turns out, not too bad. Current reports chart Palm Pre sales at 300,000 during the month of June. Those are big numbers for Palm. Despite the early snafu about inventory shortages, Palm has no problem now, cranking out more than fifteen thousand of the devices on a daily basis.

While those may be big numbers for Palm, they look paltry compared to those of Apple. Apple sold more than three times that many phones in just three days. But for Palm, it’s a step in the right direction. The new mobile device resurrected the company’s gasping market. Just a couple of years ago, tech prophets were forecasting doom for Palm. Today, the story is different. Palm reading aside, there is no question as to the company’s present success.

Investors are pleased about Palm’s skyrocketing shares. The company’s valuation jumped a blistering 350% this year, thank you, Palm Pre. But the company cannot rest on the laurels of the Palm Pre forever. Much ground must be covered before Palm can relive the legendary glory days, when “Palm” was synonymous with the handheld computer. Now, that ground to cover is swarmed by factions like iPhone, Blackberry, Android phones, and the variegated brands of other smartphones. Good numbers, yes, but the future still hangs in the balance.

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