Quote:
Originally Posted by prmdbr
They were projected to sell half a million on release day. The 270 number was generally seen as dissapointing and Apple's stock took a minor poop because of it. They did managed to win back that loss by posting profits.
There are murmurs that sales of the iPhone have dropped significantly since the release, leaving some to wonder if the iPhone is simply too 'gimicky' for regular folk. Given the limited functionality of the iPhone at the moment, I am inclined to agree. True smart phone effianatos are passing on the iPhone in favor of universal functionality handsets like the Treo 750 and the Symbian powered Nokia smartphones.
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They were actually projected to sell 500,000 by the end of the first weekend - we only have sales data for the first day and a half (Fri night through Saturday).
So 270,000 in 30 hours is right on track for 500,000 by the end of Sunday.
'Murmurs' of sales and manufacturing numbers are just rumors.
Apples stated intent is still 1,000,000 iPhones by end of Q4 (Sept) - and they re-iterated that in their stock address last week - in full knowledge of what the
actual sales numbers look like.
Of course, if anyone here has any better information than Apple's CFO - and would like to direct investors accordingly - I'm sure we're all interested in the inside scoop.
Apple are known for deliberately misleading the city investors, and failing to hit their forecasts..... NOT!