Apple's blockbuster launch seen as just the beginning for iPhone 4
While the new iPhone 4 from Apple sold a record 1.7 million units in its first three days, analysts on Wall Street believe that number would have been even higher if more supplies were available.
Piper Jaffray
Sales momentum for the iPhone 4 is expected to continue, analyst Gene Munster said, thanks to a number of catalysts in the near future. Chief among them is quick international expansion, with the new handset set to become available in 88 total countries by the end of September.
Apple also revealed last week that the white iPhone 4 will go on sale in July, as the handset didn't make last week's launch date due to manufacturing difficulties.
In addition, Munster believes that about 200,000 preorders (one-third of the 600,000 announced direct from Apple) were placed after shipments were pushed back to July. Currently, new iPhone 4 preorders from Apple carry a three-week wait.
Munster believes Apple will sell 9.5 million iPhones in the June quarter, which concludes this week. That number is unchanged, despite the fact that Apple's announcement of 1.7 million units sold is 200,000 greater than his previous high-end prediction. He said the estimate for the June quarter will remain unchanged because he had a strong iPhone 4 launch already built into assumptions for the three-month frame.
UBS Investment Research
Analyst Maynard Um expects Apple to sell just 8 million iPhones this quarter, down from the record 8.75 million sold last quarter. But when supply for the iPhone 4 catches up with demand next quarter, he sees Apple selling at least 9.8 million units -- and likely even more, as he admitted that number is "conservative."
"Demand continues to remain stronger than supply as most stores remained sold out or held minimal inventory throughout the weekend and Apple's online store currently has a 3 week wait for the device," Um wrote. "Our anecdotal checks indicate that demand will be robust for some time as the company plans to launch in an additional 18 countries in July (and 88 countries by the end of Sept.); we believe the company is currently selling through every device they are able to manufacture."
Piper Jaffray
Sales momentum for the iPhone 4 is expected to continue, analyst Gene Munster said, thanks to a number of catalysts in the near future. Chief among them is quick international expansion, with the new handset set to become available in 88 total countries by the end of September.
Apple also revealed last week that the white iPhone 4 will go on sale in July, as the handset didn't make last week's launch date due to manufacturing difficulties.
In addition, Munster believes that about 200,000 preorders (one-third of the 600,000 announced direct from Apple) were placed after shipments were pushed back to July. Currently, new iPhone 4 preorders from Apple carry a three-week wait.
Munster believes Apple will sell 9.5 million iPhones in the June quarter, which concludes this week. That number is unchanged, despite the fact that Apple's announcement of 1.7 million units sold is 200,000 greater than his previous high-end prediction. He said the estimate for the June quarter will remain unchanged because he had a strong iPhone 4 launch already built into assumptions for the three-month frame.
UBS Investment Research
Analyst Maynard Um expects Apple to sell just 8 million iPhones this quarter, down from the record 8.75 million sold last quarter. But when supply for the iPhone 4 catches up with demand next quarter, he sees Apple selling at least 9.8 million units -- and likely even more, as he admitted that number is "conservative."
"Demand continues to remain stronger than supply as most stores remained sold out or held minimal inventory throughout the weekend and Apple's online store currently has a 3 week wait for the device," Um wrote. "Our anecdotal checks indicate that demand will be robust for some time as the company plans to launch in an additional 18 countries in July (and 88 countries by the end of Sept.); we believe the company is currently selling through every device they are able to manufacture."
Comments
Apple is doomed because Ireland said so.
Why so much hating on Ireland? I sometimes disagree with him, but he usually has interesting and useful things to contribute.
As of rightnow I don't think we'll see sales subside any time soon.
Why so much hating on Ireland? I sometimes disagree with him, but he usually has interesting and useful things to contribute.
He has recently been rather aggressive and insulting, even to many long time and respected posters so many are sniping back that's all. He started it. I am sure it will blow over
Why so much hating on Ireland? I sometimes disagree with him, but he usually has interesting and useful things to contribute.
There was a lot of troll-like behavior from him for a couple days but that seems to have passed so it's water under the bridge as far as I'm concerned.
You don't want to smartphone getting a label that it can't make calls.
It seems that every iPhone has had that label yet Apple still maintains their dominance as the device all others are compared to and Apple is the most profitable handset vendor in the world.
Aparantly water is also wet these days.
How do I get to be a Wall Street analyst? Do they really get paid for effectively saying, "a company would have sold more of something that sold out, if only they had more of them"???
Aparantly water is also wet these days.
lol
It seems that every iPhone has had that label yet Apple still maintains their dominance as the device all others are compared to and Apple is the most profitable handset vendor in the world.
I thought about that too when I posted but there's a difference between blaming the network and the phone. There are other areas where AT&T does provide a quality network. If the iPhone fails as well there then...
All hope is not lost though as Jimmy Fallon says his new iPhone is giving him better reception in NYC.
All hope is not lost though as Jimmy Fallon says his new iPhone is giving him better reception in NYC.
Considering the reports of AT&T reception from NYC, "better" isn't really reassuring.
Why so much hating on Ireland? I sometimes disagree with him, but he usually has interesting and useful things to contribute.
Because he's not part of the (self-proclaimed) AppleInsider Elite - Simple As That!
How do I get to be a Wall Street analyst? Do they really get paid for effectively saying, "a company would have sold more of something that sold out, if only they had more of them"???
Aparantly water is also wet these days.
C'mon! He/they are publishing advisory/analysis for investors-- their customers.
It would have been a disservice to their customers to merely state: "Apple sold a record 1.7 million units in its first three days"
What does that mean-- did they have 10 million available and only sold 1.7 million?
By restating that there was a supply constriction, they are fleshing out their report. By suggesting that they could have sold more, they are providing their analysis of the potential to investors who may not follow AAPL that closely.
They are just doing their job: gathering facts; analyzing the data; reporting the results as clearly and specifically as possible.
.
While the new iPhone 4 from Apple sold a record 1.7 million units in its first three days, analysts on Wall Street believe that number would have been even higher if more supplies were available.
Piper Jaffray
Sales momentum for the iPhone 4 is expected to continue, analyst Gene Munster said, thanks to a number of catalysts in the near future. Chief among them is quick international expansion, with the new handset set to become available in 88 total countries by the end of September.
Apple also revealed last week that the white iPhone 4 will go on sale in July, as the handset didn't make last week's launch date due to manufacturing difficulties.
In addition, Munster believes that about 200,000 preorders (one-third of the 600,000 announced direct from Apple) were placed after shipments were pushed back to July. Currently, new iPhone 4 preorders from Apple carry a three-week wait.
Munster believes Apple will sell 9.5 million iPhones in the June quarter, which concludes this week. That number is unchanged, despite the fact that Apple's announcement of 1.7 million units sold is 200,000 greater than his previous high-end prediction. He said the estimate for the June quarter will remain unchanged because he had a strong iPhone 4 launch already built into assumptions for the three-month frame.
UBS Investment Research
Analyst Maynard Um expects Apple to sell just 8 million iPhones this quarter, down from the record 8.75 million sold last quarter. But when supply for the iPhone 4 catches up with demand next quarter, he sees Apple selling at least 9.8 million units -- and likely even more, as he admitted that number is "conservative."
"Demand continues to remain stronger than supply as most stores remained sold out or held minimal inventory throughout the weekend and Apple's online store currently has a 3 week wait for the device," Um wrote. "Our anecdotal checks indicate that demand will be robust for some time as the company plans to launch in an additional 18 countries in July (and 88 countries by the end of Sept.); we believe the company is currently selling through every device they are able to manufacture."
How do I get to be a Wall Street analyst? Do they really get paid for effectively saying, "a company would have sold more of something that sold out, if only they had more of them"???
Aparantly water is also wet these days.
Where did the analyst say that?
Certainly not in this article.
Where did the analyst say that?
Certainly not in this article.
Neither of them said that. I was making a joke. Feel free to add me to your ignore list if you want to take everything ridiculously seriously and literally.
It seems that every iPhone has had that label yet Apple still maintains their dominance as the device all others are compared to and Apple is the most profitable handset vendor in the world.
The drop of signal bars with the left hand issue is repeatable for me but if you live in a strong signal area it is a non-issue since it doesn't affect the call quality or the ability to place and receive calls.
This is the only condition I have been able to test the iPhone 4 so far since everywhere around my city usually has 5 bars. Apparently those in weaker signal areas are more affected, but as AT&T increases their coverage, the problem may become less and less significant as time goes on.
Because he's not part of the (self-proclaimed) AppleInsider Elite - Simple As That!
If the AppleInsider Elite are self-proclaimed, then I suppose anyone can be part of that group.