Palm Pre

Sprint Overestimated EVO Sales

Sprint-Nextel announced last week that sales of its new EVO 4G phone, a competitor to Apple's iPhone 4, "marked the largest quantity of a single phone sold in one day ever for Sprint." turns out those numbers were off -- way off.

Palm Battered After Lowering Sales Outlook

Palm, the onetime handset pioneer, is in trouble. The company lowered its 2010 sales forecasts for its Pre and Pixi devices, which were supposed pull it out of a slump. Sales would be "well below" the $1.6 billion to $1.8 billion it had previously forecast, Palm said.