The Palm Pre launch this past weekend wasn’t a anything to dismiss, JP Morgan estimates sales of over 50,000 units in the opening weekend.  That is a pretty respectable amount for only 2 days, but compared to nearly 1 million iPhone 3G’s sold it’s first weekend it falls short.  The point that the Palm Pre sold out at every store it was available is understandable when you look at the stock each store had.  Some Best Buy stores were only allocated 5 units, really?  Investors are not convinced that this weekend is indicative of Palm coming out of the gutter financially.  Palm stock has dropped 10 percent as of this morning.  For a company that is all but basing a Chapter 13 filing on this one device, I don’t see much light.  I believe we will see what really will happen to Palm after this coming weeks sales.  Palm has a tough opponent in the Apple marketing machine and the iPhone 3V expected to be announced in the coming minutes.

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