Katie MarsalIf true, the numbers from Gene Munster, senior research analyst with Piper Jaffray, would be an improvement from the 5.2 million handsets sold last quarter, and the 6.8 million iPhones shipped in the fourth quarter of 2008. When the iPhone 3GS first launched, supply constraints led to store managers recommending the $99 iPhone 3G over the higher end models. But a recent check of various stores found that the trend is no longer in effect.
"Our checks indicate store managers are increasingly recommending the 3GS, and we believe this is driven by improved availability of the 3GS at most AT&T stores," Munster wrote. "Overall, the iPhone remains the best selling device and our August checks indicate the iPhone took share from BlackBerry, the Nokia E71x, and most other competitor products."
The report states that all models of the iPhone, including the iPhone 3G, are reporting strong sales. But increased sales of the iPhone 3GS in particular are seen as a "positive indication" for iPhone sales during the third quarter.
Munster has reiterated his prediction that Apple will ship 7 million handsets in the September quarter. He has maintained an overweight rating for AAPL stock and has a $186 price target.
The senior research analyst expects to see the stock's price dip Wednesday after the scheduled iPod event. He said based on historical averages, the price will drop about 1 percent following the announcements. Munster does not believe that Apple will reveal any unexpected products Wednesday, but will introduce a new iPod touch, iPod nano and iPod classic. He also expects Apple co-founder Steve Jobs to be present to make the announcements.
Bon Adamson
Christine McKee
Marko Zivkovic
Malcolm Owen
Andrew Orr
William Gallagher
60 Comments
The senior research analyst expects to see the stock's price dip Wednesday after the scheduled iPod event. He said based on historical averages, the price will drop about 1 percent following the announcements.
Well, he's probably right in gross historical terms, if Apple doesn't announce anything unexpected. But 1% is such a relatively small movement for a stock like AAPL, any reaction to the announced products could easily be masked by the direction of the entire market for the day.
They would sell a lot more if they lowered the price, chose other carriers and force the carriers to compete based upon their service and price instead of locking a much desired phone to just one carrier.
The FCC should mandate that any phone that is capable and not a threat should be allowed on any carriers network.
In other words, get the carriers back to being carriers and not device sellers and manipulators.Now that AT&T has their own 3G netbook, what's is stopping them from hampering, discouraging or disallowing other companies from doing the same?
Is the world going to end up having carrier supplied phones?
They would sell a lot more if they lowered the price, chose other carriers and force the carriers to compete based upon their service and price instead of locking a much desired phone to just one carrier.
The FCC should mandate that any phone that is capable and not a threat should be allowed on any carriers network.
In other words, get the carriers back to being carriers and not device sellers and manipulators.Now that AT&T has their own 3G netbook, what's is stopping them from hampering, discouraging or disallowing other companies from doing the same?
Is the world going to end up having carrier supplied phones?
It is called business.
Who mandates that games for PS3 have to run on XBoxes - No one.
Who mandates that Windows Applications have to run on OSX - No one.
They would sell a lot more if they lowered the price, chose other carriers and force the carriers to compete based upon their service and price instead of locking a much desired phone to just one carrier.
The FCC should mandate that any phone that is capable and not a threat should be allowed on any carriers network.
In other words, get the carriers back to being carriers and not device sellers and manipulators.Now that AT&T has their own 3G netbook, what's is stopping them from hampering, discouraging or disallowing other companies from doing the same?
Is the world going to end up having carrier supplied phones?
I guess we quickly forgot how the industry operated before the iPhone. This article reminded me and I am sure it will remind you too.. If you don't remember, it used to be much worst
Oh, and the FCC should fight for consumer rights not interfere with how business is done.
They would sell a lot more if they lowered the price, chose other carriers and force the carriers to compete based upon their service and price instead of locking a much desired phone to just one carrier.
The FCC should mandate that any phone that is capable and not a threat should be allowed on any carriers network.
In other words, get the carriers back to being carriers and not device sellers and manipulators.Now that AT&T has their own 3G netbook, what's is stopping them from hampering, discouraging or disallowing other companies from doing the same?
Is the world going to end up having carrier supplied phones?
fcc can mandata anything they want, but they can't make apple build a CDMA iphone since it will probably raise their costs. not like the USA is all GSM.
iphones already cost the same or less than comparable cell phones from HTC, and other brand x makers