or Connect
AppleInsider › Forums › Mobile › iPhone › AT&T: 146,000 Apple iPhones activated in first two days
New Posts  All Forums:Forum Nav:

AT&T: 146,000 Apple iPhones activated in first two days - Page 2

post #41 of 132
Quote:
Originally Posted by SpamSandwich View Post

I have a feeling that many buyers were just excited about the non-phone functions and may have messed around with those features for hours or days before deciding whether or not to activate the phone.

Interesting feeling. What features were they playing with besides the power button?
post #42 of 132
Quote:
Originally Posted by SpamSandwich View Post

If AAPL drops to around 137 or 136 just before today's close, I'll probably snag a big handful of shares. It's a good bet the news will be good tomorrow.

Last time this happened, I made 50% on my money in 3 months.

Just bought more AAPL @ $136.26. Tomorrow's gonna be one volatile ride! Enjoy!!
post #43 of 132
Quote:
Originally Posted by SpamSandwich View Post

Doesn't look like AAPL will go lower than 138 today... yet....

Update: Just went to 136 1/2! Guess I bought me some more AAPL!

Looks like AAPL ran out of buyers. I sold mine around 138.5. I'll hold out for a few more days. Stock should drop a good bit after earnings when all the people who bought because of the pie in the sky forecasts are disappointed and sell. Hopefully I'll pick shares back up around the end of the week 10 points lower or so. If it's higher, then whether I buy back or not depends on the earnings. The stock's ahead of itself and will be lower than 130 at some point later this year, the key is to be patient Good luck all.
post #44 of 132
Quote:
Originally Posted by dreamraj View Post

Just bought more AAPL @ $136.26. Tomorrow's gonna be one volatile ride! Enjoy!!

Spooky!

Proud AAPL stock owner.

 

GOA

Reply

Proud AAPL stock owner.

 

GOA

Reply
post #45 of 132
135.3 right now .... hold on tight

I'm starting to get skeptical
post #46 of 132
Quote:
Originally Posted by appleaddict View Post

135.3 right now .... hold on tight

I'm starting to get skeptical

How do you mean "skeptical"?... of what?

Now at 136.5 ....

136.3 ...

135.5 ... oh, damn.

Proud AAPL stock owner.

 

GOA

Reply

Proud AAPL stock owner.

 

GOA

Reply
post #47 of 132
Quote:
Originally Posted by appleaddict View Post

135.3 right now .... hold on tight

I'm starting to get skeptical

Don't worry, Steve Job's won't put you on the "do not sell and iPhone to this man" list if you sell your Apple stock and buy it back later after it's at a less bubblicious level.
post #48 of 132
Quote:
Originally Posted by SpamSandwich View Post

How do you mean "skeptical"?... of what?

Now at 136.5 ....

136.3 ...

We need to find you a real time quote service if you are going to be posting 30 minute out of date quotes on message boards
post #49 of 132
I'm riding it baby!!

A captain never leaves it ship
post #50 of 132
Quote:
Originally Posted by appleaddict View Post

I'm riding it baby!!

A captain never leaves it ship

135.6 ...

Ah well, such is life.

Proud AAPL stock owner.

 

GOA

Reply

Proud AAPL stock owner.

 

GOA

Reply
post #51 of 132
Quote:
Originally Posted by cameronj View Post

We need to find you a real time quote service if you are going to be posting 30 minute out of date quotes on message boards

For instant updates, I'm using MarketWatch.com ....

Proud AAPL stock owner.

 

GOA

Reply

Proud AAPL stock owner.

 

GOA

Reply
post #52 of 132
Hopefully will all be laughing comes thursday!! After an outstanding Apple quarter.

Right?? Closed below 135 today

Didn't I read a report saying that the iPhone returns - no matter how big or low - would not shake the quarter earning .... so why are people so scared about the iPhone ATT activation report??

Oh well ... will see what the future holds
post #53 of 132
Geez... I'm hoping AAPL was simply driven down by the overall market today, combined with the "news" from at&t, plus the bad news from the housing sector.

Proud AAPL stock owner.

 

GOA

Reply

Proud AAPL stock owner.

 

GOA

Reply
post #54 of 132
OK it's after hours trading right now.

Watch the bearers of bad news get rich now that they've got everyone to lower the stock price ...

It's buy time for them!!!
post #55 of 132
many couldn't get through,

but how many people who bought an iphone are NOT going to activate. i'm sure verizon, tmoble only bought a few to rummage through and won't activate and i'm sure a few bought to hack and didn't activate, maybe even a few that bought and kept them in the boxes for appreciation value and collector potential.

what are the real "sold numbers" that's the meat and the proof.

i bet verizon and tmoble bought a boat load and will plan to return them to throw off apples numbers in a cynical strategy to hurt apple and push people to their own service

another point--is there another phone out there anywhere that 150k were sold and activated in 2 days......it only brings more power to apple negotiations for europe and asia
I APPLE THEREFORE I AM
Reply
I APPLE THEREFORE I AM
Reply
post #56 of 132
Quote:
Originally Posted by appleaddict View Post

Didn't I read a report saying that the iPhone returns - no matter how big or low - would not shake the quarter earning .... so why are people so scared about the iPhone ATT activation report??

iPhone numbers will have zero impact on the quarter. Only 2 days worth of sales, and those two days only count for 1/8 of their actual amount because of the accounting method Apple used. So while the NEWS about the sales of iPhones may (and most certainly will, frankly) move the stock, the actual revenues and profits will not show up any more than a pebble tossed into a river.
post #57 of 132
Quote:
Originally Posted by SpamSandwich View Post

Geez... I'm hoping AAPL was simply driven down by the overall market today, combined with the "news" from at&t, plus the bad news from the housing sector.

Buy the rumor, sell the news. And there's more news coming tomorrow.
post #58 of 132
Quote:
Originally Posted by cameronj View Post

iPhone numbers will have zero impact on the quarter. Only 2 days worth of sales, and those two days only count for 1/8 of their actual amount because of the accounting method Apple used. So while the NEWS about the sales of iPhones may (and most certainly will, frankly) move the stock, the actual revenues and profits will not show up any more than a pebble tossed into a river.

As we all know, perception is everything... forget about the facts.

134.27 in after-hours...

Proud AAPL stock owner.

 

GOA

Reply

Proud AAPL stock owner.

 

GOA

Reply
post #59 of 132
Quote:
Originally Posted by cameronj View Post

Head in the sand?

Buy the rumor, sell the news. And there's more news coming tomorrow.

Not at all... I know AAPL's drill.

BTW, this could be a prime time to buy AXP (American Express)! They dropped nearly 6% today also.

Proud AAPL stock owner.

 

GOA

Reply

Proud AAPL stock owner.

 

GOA

Reply
post #60 of 132
How much time do you think it will take AAPL to rebound to 145 if the news is positive tomorrow??
post #61 of 132
Very weird I just saw the stock reach 143.5 for a split second on ameritrade after hour chart.
post #62 of 132
Quote:
Originally Posted by Dave Marsh View Post

i also purchased an iPhone on that Friday evening, but I won't be activating it until August 20th, when my Verizon contract expires. I didn't want to risk not getting one and having to wait when I was ready to activate. I also like purchasing new Apple products in the excitement of the first day. It was an exciting and fun evening!

nice move
I APPLE THEREFORE I AM
Reply
I APPLE THEREFORE I AM
Reply
post #63 of 132
Quote:
Originally Posted by appleaddict View Post

Very weird I just saw the stock reach 143.5 for a split second on ameritrade after hour chart.

134.5 right now (after hours)... GAAAK!

Proud AAPL stock owner.

 

GOA

Reply

Proud AAPL stock owner.

 

GOA

Reply
post #64 of 132
Quote:
Originally Posted by appleaddict View Post

How much time do you think it will take AAPL to rebound to 145 if the news is positive tomorrow??

With the market down so much right now... could be 2 to 3 months.

Proud AAPL stock owner.

 

GOA

Reply

Proud AAPL stock owner.

 

GOA

Reply
post #65 of 132
WOW that's a long time ... OK lesson learned ... next time I will follow the news ... not my instincts.

How many of you lucky guys sold on time in the 140s and bought back at 134 or are holding on?
post #66 of 132
Quote:
Originally Posted by appleaddict View Post

WOW that's a long time ... OK lesson learned ... next time I will follow the news ... not my instincts.

How many of you lucky guys sold on time in the 140s and bought back at 134 or are holding on?

I've never sold any of my AAPL. Over the years, I'm still up overall 1,000%. Buy and hold, baby.

134.89...

Proud AAPL stock owner.

 

GOA

Reply

Proud AAPL stock owner.

 

GOA

Reply
post #67 of 132
1000% is a beautiful number baby
post #68 of 132
Quote:
Originally Posted by appleaddict View Post

How much time do you think it will take AAPL to rebound to 145 if the news is positive tomorrow??

You mean after it drops another 10 points?

The stock already moved up on positive news tomorrow. That was what happened in July. Now you get all those people who bought it selling out and happily taking their 25% gains that they got in two months.

Should be back up in the 150s by winter I would think, on the run up to the holiday season.
post #69 of 132
Quote:
Originally Posted by appleaddict View Post

Very weird I just saw the stock reach 143.5 for a split second on ameritrade after hour chart.

Just a typo or an invalid trade. Happens all the time.

If you want, we can make a real one go across. I'll buy 100 shares and sell them to you for 143.5. Then we can watch the ticker to see it go across Exciting!
post #70 of 132
Ohh I see ... I guess I was under the impression that it will take a few weeks cos I started riding the apple stock a month ago when it was at 117, and saw it go to 145 in 30 days. So I was expecting to go back to 145 by the end of the week.
post #71 of 132
134.89...

Proud AAPL stock owner.

 

GOA

Reply

Proud AAPL stock owner.

 

GOA

Reply
post #72 of 132
One of the last trades of the day was a buy of 153000+ shares at ~$134.40. That's a Hedge fund or an institutional buyer. I bought Call options at a $135 strike price which means on Aug.17th, I have the right but not the obligation to buy AAPL at $135. Sweet.
post #73 of 132
Quote:
Originally Posted by SpamSandwich View Post

But are iPhone sales on track to meet or exceed Apple's projections?

Take just 15% of 146,000 ( 21,900) and call that as daily sales and it would exceed Apples projection of 10 million by end of 2008.

Activating 146,000 is still a lot in just 30 hours (that's 1 iPhone every 1.36 seconds) by any standards...

http://www.fool.com/investing/high-g...stroy-you.aspx
Quote:
My Name Is iPhone and I'm Here to Destroy You
By Tim Beyers July 24, 2007

Has the media gone loony? Seriously, I'm asking.

Here's why. When AT&T (NYSE: T) earlier reported that it activated 146,000 iPhone subscriptions in two days, many reporters cracked a smile and threw a stiff arm. For example, here's how Forbes put it: "So, there are 146,000 iPhone subscribers? Please AT&T, let us know when you have something interesting to report."

You're kidding, right? Yeah, good one. Oh, wait. You're not kidding. Really?!?

Look, even if 146,000 subscribers isn't a lot by iPhone standards -- some estimates were for 700,000 phones sold during the opening weekend -- most of that took place over just 30 hours. (AT&T and Apple (Nasdaq: AAPL) opened at 6 p.m. on June 29 to begin sales.) That's 4,867 phones activated per hour.

But that's not even the best part. Actually, I find it hard to believe that no one else is making a bigger deal out of this. AT&T also reports that 40% (!) of its iPhone activations came from new customers.

Hello? Is anyone there? That's an outrageous number, especially when you consider that, not even three months ago, surveys ranked carrier switching issues as the second-greatest barrier to adoption of the iPhone. (Price was first.)

But then June rolled around, and, as fellow Fool Dave Mock reported here, AT&T discovered that -- surprise! -- 40% of those who registered an interest in the iPhone weren't yet users of its wireless service, a finding that was consistent with April research from M:Metrics.

See the pattern? We've long suspected that some consumers would dump the likes of Verizon (NYSE: VZ) and Sprint Nextel (NYSE: S) to get an iPhone. Now we know they will. Why isn't this bigger news?

Maybe because it's early in the process. Here's how Dave put it to me in an e-mail earlier today:

Obviously, a small contingent of consumers is willing to shell out the [dollars] to have [an iPhone] now, but how does that translate down the line to the next 100,000 people, and the next? Price cuts factor in there dramatically, as does overall ease of use of the product and features.

I agree, though I'd also add competition. Taiwan's HTC already has a touch-screen phone. And we don't yet know what Palm (Nasdaq: PALM), Nokia (Nasdaq: NOK), and Research In Motion (Nasdaq: RIMM) have in mind. I doubt any of them will create an iPhone killer, but they're all innovative enough to cause Apple problems.

Of course, that's the future. In the here and now, the iPhone's early returns are anything but a snoozer. Wake up, everyone!
post #74 of 132
Quote:
Originally Posted by SpamSandwich View Post

Doesn't look like AAPL will go lower than 138 today... yet....

Update: Just went to 136 1/2! Guess I bought me some more AAPL!

Wait until Apple reports earnings tomorrow. I think that the numbers will be better than expected.

There is no way that the numbers associated with AT&T's iPhone sales for the opening weekend are accurate. 1. The phone has been on sale for more than two days (thus, this number does not reflect the total sales for the quarter). 2. Apple probably sold more phones than AT&T did (more inventory and longer lines)..etc. I would be shocked if the total number is lower than 500k. If the number is less, then Apple really has something to worry about.

Either way, I hope Apple is responsive in addressing the iPhone's short-comings through both software and hardware updates. On a similar vein, here's a note to Apple: you've let the 5G iPod stagnate for far too long. You better have a significant update for the upcoming quarter.
post #75 of 132
Quick question. My wife and I purchased our iPhones on Saturday evening on Apple.com. Like many, we had no intention of waiting on the pavement and had no problem with 2-4 weeks delivery. Obviously, our phones wee not activated during AT&T's most recent quarter. My question, however, is whether our purchases will be considered as part of the first two selling days--i.e., Apple's most recent quarter. My credit card was not charged until shipping, which occurred on July 13. Does anyone have any thoughts? Thanks.
post #76 of 132
Quote:
Originally Posted by Neruda View Post

Wait until Apple reports earnings tomorrow. I think that the numbers will be better than expected.

Better than who expects? You already expect them to be better than expected. So does just about everyone on this board. So does the market, which is why the stock is up 25 points in 30 days.

Quote:
There is no way that the numbers associated with AT&T's iPhone sales for the opening weekend are accurate. 1. The phone has been on sale for more than two days (thus, this number does not reflect the total sales for the quarter). 2. Apple probably sold more phones than AT&T did (more inventory and longer lines)..etc. I would be shocked if the total number is lower than 500k. If the number is less, then Apple really has something to worry about.

ATT did not report phone sales, it reported activations. And no matter where the phone was sold, unless someone couldn't manage to find a power outlet or passed out and headed straight for a 48 hour stay in the hospital that weekend, just about all the phones bought were activated. So yeah, get ready to be shocked. Because it's going to be lower than 500,000. It's going to be lower than 200,000 too.
post #77 of 132
Quote:
Originally Posted by JLambros View Post

Quick question. My wife and I purchased our iPhones on Saturday evening on Apple.com. Like many, we had no intention of waiting on the pavement and had no problem with 2-4 weeks delivery. Obviously, our phones wee not activated during AT&T's most recent quarter. My question, however, is whether our purchases will be considered as part of the first two selling days--i.e., Apple's most recent quarter. My credit card was not charged until shipping, which occurred on July 13. Does anyone have any thoughts? Thanks.

Most likely no, if your credit card was not charged Apple probably didn't count that as a completed sale until July 13.
post #78 of 132
Quote:
Originally Posted by cameronj View Post

Most likely no, if your credit card was not charged Apple probably didn't count that as a completed sale until July 13.

On what do you base your answer? Whether Apple considers those sales as occurring on the first weekend is a pretty big deal. I would think that they could, consistent with GAAP, book those sales as last quarter's revenue. Do you know something different?
post #79 of 132
Quote:
Originally Posted by cameronj View Post

Better than who expects? You already expect them to be better than expected. So does just about everyone on this board. So does the market, which is why the stock is up 25 points in 30 days.



ATT did not report phone sales, it reported activations. And no matter where the phone was sold, unless someone couldn't manage to find a power outlet or passed out and headed straight for a 48 hour stay in the hospital that weekend, just about all the phones bought were activated. So yeah, get ready to be shocked. Because it's going to be lower than 500,000. It's going to be lower than 200,000 too.

Not so fast, anti-fanboy. Many of the people in the Apple store I went to bought 2 phones, 1 for themselves and 1 as a gift or to sell. I didn't activate right away nor did my my nephew who got my second phone. Buying 2 phones was commonplace if one believes the press (take that with a grain of salt) covering the sales on opening weekend. Once again, I repeat, no one but Apple knows the real numbers and they may not tell. They will say whatever suits their grand plan.
post #80 of 132
Quote:
Originally Posted by JLambros View Post

On what do you base your answer? Whether Apple considers those sales as occurring on the first weekend is a pretty big deal. I would think that they could, consistent with GAAP, book those sales as last quarter's revenue. Do you know something different?

They could. It just depends on how aggressive they want to be. I base my opinion on other companies that I've invested in in the past that were specifically asked that question, and stated that they did not recognize payment until the goods went out, not when the payment is received. Operating on accrual basis, you do not recognize a payment when you get it, you recognize it when you earn it. You don't close the books on that sale until it is out the door.

I don't see how it's a big deal though, most of the people who really wanted on that weekend bought it in the store, since nearly every store still had stock all through the weekend. Remember only Tuesday did the stock start running out at some locations, and in most cases came back on line the next day (all those returns!)
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: iPhone
AppleInsider › Forums › Mobile › iPhone › AT&T: 146,000 Apple iPhones activated in first two days