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iPhone sales are poor. They HOPE to sell 1mil in three months

Well this ought to bring some of that 8$ drop back tomorrow

WOW Starts NOW! AAPL will fly way beyond $200! Oh I love my AAPL.

Sold 270,000 iPhones.

Apple rules. MS is so..... 90's.

Expect sky-is-falling articles relating to iPod. Even though Apple sold fewer iPods quarter-to-quarter for the first time in a long time (excepting holiday quarters), they won't mention it's likely due to the pent-up demand for the 6G iPod.

So Apple sold 270,000 iPhones in 30 hours. That's hardly poor. Also goes to show that far more than 2% had activation problems since AT&T;only activated 146,000 of the 270,000 sold in the first 30 hours.

This is excellent news. The iPod is rocking bigger than ever, Mac Sales are going fantastic, and the iPhone is going to be even bigger than the iPod. It's funny how stupid people can be when it comes to the iPhones "numbers". All you have to do to realize how unbelievable the iPhone is gonna sell is own one. Once you own one, the investment part is easy. If you don't own one, then I guess you'll think the "numbers" for the first year are more significant. The real investment isn't the first year, it's the next 5 years and having owned an iPhone for 3 weeks, I think it's easy to say it's gonna be HUGE.

commence stock price free fall in 3,2,1...

Really now, it's a $600 in a free phone world...how is having a larger weekend than any previous month for a phone bad?? Analysts seem to expect god like sales of everything apple and when they only get minor diety status, they freak out.

Market is not going to react well to the guidance for the next Quarter....

1M iPhones after the first quarter--so by the end of 2008 (6 quarters) will Steve meet his stated target of 10M?

Apple sold 270'000 iPhone in not even two full business days. Apple expects to sell the first million by the end of September. So this is just 730'000 more in three months? I hope the iPhones will sell a bit better.

@Peter Lemon Jello
that's b/c the sale will be only in the US. while in 2008 it will extend to the world!! duh

The stock is down 40 cents or so in the Extended Hours.

Peace.

Oh, I nailed it at $.92! If only ATAT were still around, it might mean something. I miss that website.

@Peter Lemon Jello

In a word, yes. Apple intends to introduce the iPhone to Europe before the end of this year, and to Asia in early 2008. The market will be be much greater than just the U.S. as it is right now.

Troy Wolverton's gloom and doom machine is about to make an appearance.

What's that playing in the conference call wait? Beethoven Trio?

UK here, waiting for iPhone.

@Everyone who thinks apple is having a hard time selling iPhones

"Apple sold 270'000 iPhone in not even two full business days. Apple expects to sell the first million by the end of September. So this is just 730'000 more in three months? I hope the iPhones will sell a bit better."

Wow, imagine the pain. In the middle of the summer -the electronic industries historically slowest time, Apple expects to sell over a million iPhones. Those million iPhone owners will take them to work and to school. Everyone will see that they are in fact worth that dreaded $500-600 price tag. Believe me, the iPhone will be the HOTTEST CHRISTMAS GIFT OF ALL TIME!

10 million in two Christmas's is not to high.

That iPhone number (270,000) reflects exactly twenty business hours in Q3 (i.e. in June). From Friday, 29 June at 18:00h through midnight (even that not all stores), then from 8:00h through 22:00h on Saturday. With the exception of the fifth avenue store, which is open 24/7, and was selling iPhones for all of the remaining 30 hours in June, all other stores had 20 hours at best to push as many phones as possible. If the combined total between AT&T;'s and Apple's stores is about 2,000, that means that each store had to push about 135 phones out the door in those 20 hours. That makes it an average of one phone every ten minutes.

I have no doubt that Apple is way past one million mark. Several weeks ago, there was an article here (and elsewhere) about an insider from AT&T;claiming that they have registered over 1 million iPhone users after first two weeks.

The stock has plunged immediately after closing (thank you all sellers for the buying oportunity; yesterday, I had sold 450 shares; now, I bought 500 with that money). Shares are now back up and past the closing $137.26. Although still very volatile, many are getting back in, having digested the staggering numbers.

Ultimately, it can't go anywhere but up.

Stock if falling because those dumb a** ANALysts and idiot investors like Laura Goldf***

Motorola sold 130,000 Razr's in 30 days...Apple sold 270,000 iPhones in 30 hours. Many people didn't wait in line and bought online. The numbers have to be much higher at this point. Keep in mind Apple sold 1 million .99cent songs their first month and it was astronimical. Anyone who really used their brain can see that 270,000 iPhones in 30 days is also astronomical, in any electronic industry, must less the cell phone industry.

1.7 million somewhat outdated macs (I'm talking about iMacs and minis here). Thats impressive. What's even more impressive is those Mac numbers are increasing.....

270,000 phones in 30hrs = 9000/hr. Hardly poor numbers and makes me wonder how many have been sold since that cutoff point? (If I were Apple I would want to hide the true number, for no reason other than to allow competitors to maintain their false sense of security and complacency.) Can anyone name another phone that has sold anywhere near this number? The closest might be the RAZR but I'm fairly sure even their numbers would have required weeks to acheive the same. I certainly don't recall seeing lines forming to buy any other cellphone.

Because cellphones require a monthly/yearly commitment, most will buy when their contracts expire. The next year will show the real truth when the average person picks up the iPhone and sees for themselves what the hype is all about.

MDN word: CAN, as in only Apple can, it seems.

after hours, AAPL is trading at $143.71. Investors are coming back to their senses.

BTW - The Apple stated goal is 10 million units in calendar year 2008 (the first full year in the market). The numbers now don't count toward meeting that particular goal.

If Apple sold 270,000 in one day plus six hours, the 500,000 number during the full weekend does not seem unrealistic. It's likely Apple has already sold its one millionth iPhone by now, but is holding back that information for some reason.

I think that everyone here is missing the important number of 1.764 million Macs. This is a staggering number and the highest in company history. It blows away Q4 2006 in volume. I know everyone is concentrating on iPhone but this Mac number is the exciting one too me. The tipping point has arrived.

If I read this right:

Q1 (ended 12/27/03): revenue of $2.006 billion, net quarterly profit
$63 million

Q3 (ended 06/30/07): revenue $5.41 billion, net profit
$818 million

So profit of 818/63=12.98412698413

Apple closed at 21.37 on 31dec03

$21.37x$12.98= $277.38

Did I do that correctly?

Please sell as much as you can. I need more cheap pieces of Apple.

Okay, New Macs already. What's the fate of the Mac Mini? Were waiting to spend some money.


Magic Word "soon" like when I wanna be buying a new Core 2 Duo Mac Mini for the Living Room (to put the G4 MM in the bedroom and get rid of the DVD/VCR combo)

Is anybody able to hear the conference call? It's not playing for me.

It's working here. Sorry for your bad luck.

270,000 iPhones sold... Not far from my estimate of 250,000.

You guys should listen to me, see!

Push play.

Didn't play for me either. Must have already reached capacity.

Peace.

Stock is up to 147 in the after market. Yum Yum

@twodales
The iPhone is irrelevant with this financial announcement. You are correct and I agree with you that the big news is that Apple is selling a whole lot more Macs then ever before. My neighbors kid bought a MacBook Pro against his fathers advice. Now he (the father), is looking in to getting one. You go to any airport in the US and you will spot at lest a couple of Apple logos on travelers laptop's. Even though the number of iPhones is still pretty impressive, 1.7 million Macs is the real story.

as I'm typing this, it's 5:45 pm e.t. and AAPL share has just it the 150.00$ in after-hours trading

Stock in currently trading at $149.55 in After Hours trading.

If anyone bought during the dip down to $135 then they'd be laughing tomorrow.

I didn't buy, but I didn't sell either.

What? Stock is now up $8.04 after hours!

That's great. Okay what did I miss in the last half hour to cause such a dramatic change in direction for the stock?

Thanks.

Peace.

@ MP: Poor iPhone sales?

The Motorola Razr had 250,000 units shipped to vendors (not necessarily sold to customers) in 30 days, so says BusinessWeek.

Wasn't the Razr supposed to be one of the hottest selling cellphones in the US or something? Looks pretty weak compared to iPhone's 270,000 unit sales in 30 hours.

Just crossed 150 in AH. Holy SHIT!

> AAPL share has just it the 150.00$ in after-hours trading

Amazing... I think those misleading low AT&T;activation number articles helped lower expectations ahead of the actual numbers from Apple. Now everyone who sold (and more) are trying to buy back in. $200+ doesn't seem so unrealistic now.

I am being abject and adamant: $150 tomorrow, overshooting HP's market cap. Huzzah!

NOOOOOO! SELL SELL SELL!!

@Woody,
Dude, retards just post and never check back. So trying to start an intelligent conversation on this site is a waste of your time.

I guess after hours investors didn't think the iPhone sales were too bad eh?

amazing, since the last message, I typed, 15 minutes ago, AAPL share went up 350.00$ and is now trading at 500.00$ in after-hours market!

OK, how about this:

63 / 21.37
= 2.94805802527

818 / 2.948
= 277.4762550882

Did I do that correctly?

got you there for a minute, didn't I?