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Sprint's Palm Pre's $200 Pricetag

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NEW YORK -Sprint Nextel Corp. plans to start selling Palm Inc.'s much anticipated new smart phone, the Pre, on June 6 for $200. The device could give Palm a much-needed boost in sales and help Sprint stop the defection of subscribers to other wireless carriers.

The price -- which requires a new two-year service and data plan and a $100 mail-in rebate -- and the launch date are both close to what industry watchers were expecting.

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