Two weeks after it launched on July 11, the iPhone 3G is still hard to find in the US. Many Apple retail stores have no supplies at all, leaving buyers to track down the stores that do have remaining stock and wait in slow moving lines that stretched out for five hours.
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Apple on Monday announced the best spring quarter for earnings and revenue in company history, and has just finished a financial conference call with analysts and members of the media. Several notes of interest are available from the call.
Apple promised that iPhone 3G and its iPhone 2.0 software would be more suited to business, but a severe shortage of the device could force companies to wait as long as two weeks before they see their orders, and is forcing many home customers to go without at the same time.
Despite widespread activation problems, Apple said Monday that it sold its one millionth iPhone 3G on Sunday, just three days after the new handset launched worldwide on Friday, July 11.
European retailers were sold out of the new iPhone 3G before stores in the US even opened on Friday, thanks in part to strong marketing from Apple's mobile partners.
Apple, disgusted with Rogers Wireless for dumping egregious service plans on would-be iPhone 3G buyers, has decided that its Canadian retail stores will have no part in helping the carrier market the new handset to customers, AppleInsider has learned.
The poor reception of Windows Vista, along with a strong Mac OS X, will help Apple continue to ship Macs at three times the industry average by the end of the spring, according to BMO Capital Markets.
After raising the ire of its customers with what are believed to be overly expensive iPhone 3G plans, Canadian provider Rogers Wireless is allegedly being punished by Apple with fewer shipments.
The iPhone's sole UK carrier is claimed to be taking some of the pressure off of stores for the iPhone 3G launch by letting users sign up for their contracts ahead of time as well as by introducing the handset early in the morning.
Infineon, Broadcom, and Foxconn Electronics are amongst the big winners when it comes to component suppliers for Apple's soon-to-arrive iPhone 3G mobile handset, according to the Commercial Times.
A new forecast has the iPod's influence on Apple dropping steadily over the next few years as the iPhone cannibalizes its sales and generates a halo around the Mac.
The impact of the iPhone 3G's faster Internet access, new markets, third-party apps, and very low pricing should trigger a new sales rush that does for the iPhone what 2005 accomplished for the iPod, according to a new report from RBC Capital Markets.
Having digested Apple's iPhone 3G announcements from Monday, analysts at both Citigroup and Lehman Brothers have sharply raised their 12-month price targets for the electronics maker.
The first third-party native iPhone apps may be ready as soon as Apple makes its version 2.0 iPhone firmware available, according to a report. Also, a job posting hints that SingTel won't have an exclusive deal in Singapore, and Lehman Brothers notes that Apple continues to track above expectations for its iPod shipments despite a seemingly weak market.
Apple has increased orders for most of the members of its iPod family over the past month or so while trimming Mac orders only slightly -- a sign the company's business is standing its own amid a weakening economy, one Wall Street analyst says.
Photos have surfaced of an accessory maker's purported reference model for the 3G iPhone. Also, Intel may have stalled the launch of its Centrino 2 mobile platform, potentially affecting the release of future MacBooks.
Apple is on the hunt for an engineer familiar with WiMAX, Ultra-wideband, and other next-generation wireless technologies. Meanwhile, confusion reigned on Thursday as a lineup appeared at the Fifth Avenue store without warning, Oppenheimer Funds has opened its coverage of Apple, and a thief of 330 iPhones has agreed to surrender to local police.
Users should expect only modest improvements in a 3G iPhone but a quick launch, according to a new Piper Jaffray research note. Nonetheless, a study says a quarter of iPhone buyers may be waiting on that upgrade. Also, Apple will open a new Florida store this week; a new iPod nano fix is ready; and the US Department of Defense is eyeing Apple's takeover of PA Semi.
Analysts at Piper Jaffray see iPod shipments on the rise and suggests Apple is bucking fears of a continued downturn. Also, Sybase is readying a native iPhone app, AT&T may offer iPhone insurance, and two carriers in Japan and Korea may launch the iPhone at the same time.
A flurry of new agreements between Apple and international wireless carriers has given American Technology Research higher conviction in the iPhone's near-term growth prospects, prompting an analyst at the firm to raise his price target on the company for the second time in as many weeks.
Long-time iPod manufacturer and current iPhone builder Foxconn Electronics has been selected by Apple to assemble the company's upcoming 3G iPhone handset, with volume shipments expected to begin this June, says a new report out of the Far East.
Apple is among the handset makers who saw their share of the market slip early this year as the company slowed iPhone shipments, and is now reported to have discontinued the 8GB model in the UK ahead of a 3G version.
Apple on Wednesday announced its most profitable second quarter in company history, and held a financial conference call with analysts and members of the media. Several notes of interest from the now concluded call follow:
Investment banks Citigroup and RBC Capital Markets have both raised their outlook for Apple's second fiscal quarter, saying they expect the company to announce Wednesday revenues of more than $7 billion on sales of over 2 million Mac systems.
A new investment note from JPMorgan reveals confidence that Apple's MacBook line is strong enough overcome dropping notebook sales at its rivals, but cautions that the post-holiday lull may eat into the company's iPhone and iPod numbers.