Sometimes good things happen when good news is shared, like the release date for Palm’s Pre on the Sprint network. With June 6 fast approaching, Palm’s earnings estimates have been raised by Barclays Capital. How much have they been raised? Try $2 billion on for size.

If Palm can garner sales of $2 billion for 2009, it will go a long way in righting the ship of a troubled company. However, before optimism rockets into the stratosphere, leave it to analyst Amir Rozwadowski to bring expectations down to earth when he cautions “that rising costs and problems with older products could affect profits. Palm has had six consecutive quarters of losses and has had to raise cash for the Pre’s launch.”

Although Palm has been limping along for a while now, $2 billion sales equals quite a few webOS-based Pres streaming into the market place – a few million of them, actually. Will Palm achieve $2 billion in sales for 2009, and will it be enough?

source: toptechnews via precentral