Verizon Handsets Continue To Suck, Passes On The Palm Pre

• Verizon has decided it’s going to pass on the Palm Pre, if reports are to be believed. Their stock took a 5% hit today after an impressive week long rally that saw shares rise to $17 after Nokia showed legitimate interest in acquiring the handset maker.  This certainly would have been a boost in sales for Palm, who has only cleared about 500,000 handsets this year, in no way threatening the iPhone.
• Many think that Verizon is holding out for the iPhone and wouldn’t want a phone like the Pre to confuse new customers looking for a new smart phone. Let’s face it, if Verizon wants the iPhone, they are going to have to clear a ton of them to make it wake the expensive deal worthwhile. I guess we’ll have to wait and see what happens at the end of the year with Apple and AT&T to see if this is true.

Tagged as: Palm, Pre, Verizon