According to Charter Equity Research analyst Ed Snyder, Palm Pre is trying to pull itself alongside the smartphone's demand! While the initial, limited stock of 120,000 units was sold in a few post-launch days; Snyder says there were over 300,000 Pre sales into the channel in June.

Furthermore, Snyder said that Palm is currently manufacturing nearly 15,000 units per day, and would have probably shipped nearly 1 million phones to Sprint in the first quarter of the smartphone's production - thereby indicating "well above consensus" figures!

Amid the increasing sales numbers, Palm has released the fourth patch for the smartphone's software. The latest patch - Version '1.0.4' - is a 12MB update, which will not only fix numerous security holes, but will also exterminate the illegal apps that have raised their heads over the last week.

Saying that the launch of Pre has "laid the groundwork for a promising future" for the recovering smartphone company, Palm's Chairman and CEO Jon Rubinstein said that there is a lot "more to accomplish."

Talking about the software for app developers, Rubinstein said: "Our senior management team is capable, motivated and focused on execution; there is a large group of developers waiting to build great applications for Palm webOS; and we have a new product pipeline that we think will set a standard for the industry."