A recent Business Week article entitled: Palm's Pre Is Trying to Live Up to the Hype is definitely worth a read.
Here is a few brief paragraphs, just in case you need more convincing Wall Street is reducing forecasts for Sprint's sales of the smartphone. That doesn't bode well for Palm as it works to sign up new carriers for Pre
Palm's road to a comeback is hitting a few speed bumps.
When Palm (PALM) launched its Pre smartphone on June 6, expectations were high that the long-troubled company could have a hit with the device, the biggest launch by the new management team led by a former Apple (AAPL) executive. Now analysts estimate that Palm likely will sell just 300,000 to 500,000 Pres in their first three months on the market. That's not bad, but it's short of the outsize expectations ramped up by the phone's advanced technology and splashy debut.
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Competition with Apple's coveted iPhone is just one of Palm's challenges. For now, the Pre appears to be a niche product, with a particular appeal to Palm devotees. A spat with Apple over Pre's ability to gain access Apple's iTunes music store led to a complaint by Palm to an industry standards group. And Palm is still trying to persuade more software developers to write applications for its device, which could increase its appeal.
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Continue reading the full Business Week article . . .

