Barron’s Tech Trader Daily columnist Eric Savitz has written a new post entitled “Palm: Canaccord Cuts Ests Again; Says AT&T Launch Delayed”. The piece by Mr. Savitz brings to light a number of issues with the long rumored AT&T launch for Palm’s webOS devices. In fact, the Palm AT&T launch is looking to be in peril, according to Canaccord Adams analyst Peter Misek, prominently quoted in Savitz’s piece.
Misek maintains his “sell” rating on Palm stock and cautions across-the-board drops in regard to Palm’s sales figures and revenue. The most distressing news comes with the report that AT&T has delayed the Pre and Pixi launch to June or July from the originally scheduled April. It should be noted that we have yet to see any solid release date mentioned regarding Palm’s latest devices on AT&T other than the already-reported May timeframe gleaned from the FCC documentation.