Barclays Capital predicts Palm sales of $2 billion in 2009 | webOS Nation

Barclays Capital predicts Palm sales of $2 billion in 2009

by Derek Kessler Wed, 20 May 2009 7:33 am EDT

Palm Pre Money Machine As reported by Top Tech News, investment firm Barclays Capital has high hopes for Palm, both predicting solid demand for the Pre at launch (they say next month) and estimated Palm sales of $2 billion (with a b) by the end of the year. Depending on where the Pre and other Palm devices are priced (and whether we’re counting the retail price, or Palm’s price to Sprint and other carriers), that could be anywhere from 3 million to 6 million units. Like Palm, Barclays expects that the smartphone market will continue to expand: “While mobile-phone makers are dealing with a 15.8 percent drop in shipments in the first quarter, converged mobile phones known as smartphones continue to grow year on year, according to a recent report by IDC.” Obviously we at PreCentral are hopeful and optimistic that Palm will exceed our expectations and sell several million webOS devices and bounce back to a dominant position in the smartphone market, it is nice to see the financial types out there equally optimistic, even in the face of Palm’s continuing fiscal troubles.

Thanks to Mahootzki for the tip!