iPhone Unavailable for Purchase for Close to Two Months

Have a Rumor or Story to Submit? Send us an E-MAIL!

June 13th

iPhone Unavailable for Purchase for Close to Two Months

posted in Apple (AAPL), Media Event, iPhone, Steve Jobs, 3G |

In Apple’s WWDC 2008 Keynote speech by Steve Jobs, he mentioned that Apple had sold out of iPhones–selling 6 million total. Immensely successful and potentially another great story for Apple. But there’s a downside for investors.

The downside in all of this iPhone news for investors is the simple fact that Apple hasn’t/won’t be selling the iPhone for close to two months by the time it finally releases iPhone 3G. I’m ready for it and most everybody I know is excited about the new $199 price point for the 8 GB model. But that won’t help investors in the latest quarter.

Apple is set to release this quarter’s earnings on July 21st, 2008. This will allow an initial number of iPhone 3G sales to be mentioned in the quarter. Without a doubt that should be a positive catalyst for Apple stock. But once again, Apple hasn’t been selling the iPhone for about two months by that point.

Jobs is Skinny What does that mean for Apple’s quarter? Will we see record numbers once again? This all seems very uncertain and up in the air as of right now. Not to mention that Jobs’ health has continued to put pressure on Apple stock as of recently.

Place a Text Link Here!

(2 votes, average: 5 out of 5)

Loading ...

If you enjoyed this post, make sure to Subscribe to the RSS Feed!

Related Posts:

This entry was posted on Friday, June 13th, 2008 at 9:37 am and is filed under Apple (AAPL), Media Event, iPhone, Steve Jobs, 3G. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

1 On June 13th, 2008, Apple’s Notebook Share Approaching 5 Percent | Market Matador ™ said:

[…] While the majors continue to occupy the top ten, it’s encouraging to see Apple move forward. This move may point to investor optimism in this upcoming quarter. Look at one of our recent articles for more details on Apple’s perspective quarterly results: http://www.marketmatador.com/2008/06/13/ iphone-unavailable-for-purchase-for-close-to-two-months/ […]