Sprint had been betting big on Palm Pre to make a strong play in the fast-growing and lucrative smartphone business. Unfortunately, things have not worked out as planned. Some analysts say that Sprint, which had hoped to sell 1-1.5 million Pre devices in the first year, will miss that target. Palm is selling about 25,000 devices a week, according to David Eller, an analyst with Town Hall Investment Research. The device is being hurt by the availability of the BlackBerry Tour, which is one of the best smartphone devices.
Read more at Gigaom
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