Six months after Palm Inc. started selling an unlocked version of its Treo Pro smartphone for $549, the company said Sprint Nextel Corp. will sell the device for $200 after rebates and a two-year service agreement. Sales start March 15 at Sprint stores and a day later through Palm’s online store.
The shipment news came one day after Palm officials issued a cautious preliminary earnings statement that partly blamed “later-than-expected shipments of the Treo Pro” for a decline in revenue in the third quarter, which ended Feb. 27.
The statement also said that “the challenging economic environment” and reduced demand for Palm’s older smartphone products led to Palm’s estimate that its revenue for the quarter will range from $85 million to $90 million, down from the same quarter a year ago.
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