Verizon Reported as Shy on the Palm Pre

Verizon has reportedly ditched plans to offer the Palm Pre early next year. Poor sales at Sprint — the Pre’s exclusive U.S. carrier — as well as interest in handsets from Research in Motion and Motorola contributed to the decision, according to The Street, which cities “people close to the discussions.”

The Pre has not done as well as Palm had hoped -  Insiders report Verizon is concerned that Palm Pre sales have not exceeded one million handsets sold since the device’s launch almost four months ago. With the Pre failing to deliver blockbuster sales numbers, Verizon is apparently hesitant to invest time and money into rolling out the Pre.

Sprint released the Instict which was absolutely nothing as advertised – virtually zero useful applications for business in comparison to the iPhone offered by Apple and AT&T.  While Palm has promised the fate of the Pre would be different perhaps Verizon is bailing due to their interest in selling third-party smartphone applications through its VCast Store instead of through device-specific outlets like Palm’s App Catalog.

Palm needs to rethink their strategy in order to Woo the US Wireless Markets largest subscriber base – Verizon.