Originally Posted by Blackintosh
I don't think you are morons. I think you are just confused. Thats why I try to help. What are friends for? As far as total failure, I never talk in extremes, you guys know that. I never use the AI forum favorite slogan "epic fail."
Look, lets cut the crap here. For the past three and a half years there has been feverous discussion of Verizon getting the iPhone. And most of the community here is exceedingly against it. I've always been mystified how people on a stock insider site could feel that way. And I think I've finally figured it out.
It's a fanboy thing. Because Verizon "dissed" Apple back in 07 now they are not worthy to have the iPhone. That's it, isn't it? Why else would normal rational stockholders be against something that should increase Apple's profits, oh say, just a little bit? ? Would that be a fair statement fans?
So now we have a Verizon vs AT&T thing going on here. Kinda like a Ford Chevy thing. Okay, I get it.
You know, there used to be a saying that what was good for General Motors was good for the country. I guess the 2010 version of that saying is "what's good for Apple is good for the country?"
First of all, you often do talk in terms of extremes.
Second of all, most of the community here is NOT against Verizon getting the iPhone, though a small proportion are. What we do often see, is people happy that Verizon is getting its comeuppance, which it is. As analysts in the industry are pointing out, Verizon isn't getting a lift from the many Android phones it has, while AT&T is, from the iPhone.
Obviously, when Apple first went to Verizon, likely in early 2006, or late 2005, Apple had had no experience in building a phone, and so Verizon was skeptical. In addition, Verizon was always a high priced service, and was known as being customer unfriendly. When they spurned Apple, and Apple went to AT&T, it was thought of as a risky experiment for AT&T. But, they were willing to try it.
Now, as they say, the shoe is on the other foot. Apple has the upper hand, especially after this blowout 14.1 million iPhone quarter, in which Cook admitted during the call, that Apple could have sold more if they hadn't had been running at 100% manufacturing cap. It's being said that they could have sold at least 15 million, and as much as 16.
Verizon sees the numbers as well as anyone. The chart I linked to, which I hope you did look at, shows why they are having problems. less new customers than expected, vs more than expected for AT&T, all due to the iPhone. This has got to hurt, and investors are likely wondering why verizon isn't going to Apple and begging for the phone.