Rumor has it that the first store to launch the Palm Pre would be none other than Best Buy. The word-of-mouth also says that launching date would be on June 7. However, no final pricing was yet declared. According to reports, Palm and Sprint would likely launch the smartphone at $199.99 for first-time subscribers who are willing to sign a 2-year commitment while the existing ones might be required to pay $299.99 with a contract renewal.