AfterDawn: News

Palm Pre Plus drops in price to $30 at Wal-Mart

Palm, the struggling smartphone maker, continues to see the price of their handsets drop, with Wal-Mart now slashing the price of the Palm Pre Plus for Verizon to $30 with 2-year contract, and the Palm Pixi Plus to free.

If you prefer Amazon, the e-tailer has the Pre Plus for $40 with contract, still a large discount from even just last month, when the phone was retailing for at least $70 with contract.



Citing the price cuts, C.L. King analyst Lawrence Harris downgraded his estimate for 2011 EPS (earnings per share), dropping his expectation of a $0.50 per share loss, to $1.10.

The bigger loss estimate also adds in costs of Palm's costly new advertising campaign for the Pre Plus.




Written by: Andre Yoskowitz @ 10 Mar 2010 22:28

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• 3 comments

• orm

  Here in the UK, only o2 carries this model. I was quoted yesterday £350, yes, three hundred and fifty UK pounds for this model. What a rip off

  11.3.2010 05:59 #1

• ZippyDSM

  ya know if I could get 5GB of data and voice for 40$ a month I would fool with buying it....version needs to halve their prices... and put voice as data.....

  12.3.2010 03:13 #2

• shaffaaf

  o2 have it free now with a £30 month contract of 18 motnhs.

  13.3.2010 09:46 #3