Palm Pre May Sell for Only $150

Analysts at Credit Suisse are predicting that Sprint may sell the Palm Pre for $150 with contract in a move to undercut the $199 rival iPhone.

So far, Sprint has only claimed the Palm Pre would be competitively priced, leading most to believe it would hover around the $199 price mark. However, Credit Suisse believes that Sprint’s strategy could be to subsidize the hardware, and make up for it financially with new customers.

AT&T successfully did the same thing when they lowered the iPhone’s price from $500 to $199, ultimately attracting millions of new customers.

Credit Suisse also forecasts 4.3 million Palm Pre sales by 2010, keeping it well behind iPhone total sales, which Apple claims reached 17 million last month.

[Via The Street]

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