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jcwhite_uk Posts: > 500

Analysts predictions mixed – initial demand lower than expected
Apple's shares fell yesterday despite analysts predicting iPhone sales of 500,000 over the weekend.

However, not all analysts were as positive. JP Morgan's Apple analyst Bill Shope estimated sales of only 312,000 – 178,000 units less than the more optimistic suggestions.

"We believe initial demand may have been disappointing, but it's still early," Shope said. "We don't believe supply was much better than expected, so demand could be a bit light."

Shares in the manufacturer were also affected by the news that Universal Music had decided to not sign a long-term agreement over its iTunes music store.

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[ This Message was edited by: jcwhite_uk on 2007-07-04 13:22 ]
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Posted: 2007-07-04 14:22:34
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batesie Posts: > 500

Universal have got some of there own tricks up there sleeve

hmm ifone released, shares go down??? strange...
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Posted: 2007-07-04 14:42:58
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Jools Posts: > 500

Depending on where you read, Apple sold 700,000 iPhones over the weekend.

Up to 700000 iPhones have sold

iPhone Sales Estimates as High as 700000

[ This Message was edited by: JoolsG4 on 2007-07-04 13:53 ]
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Posted: 2007-07-04 14:53:01
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goldenface Posts: > 500

Oops!

That must have been a blow if its correct.

Even the analysts might have been sucked in by the hype, estimating nearly 3 times the actual sales is way off the mark, I bet there are a few red faces there.

However, I doubt everyone is going to sign up to a new iPhone contract AS WELL AS their current contract. They will sign new contracts as existing ones end.

2 years is still a big commitment though, the total cost must be right up there.

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[ This Message was edited by: goldenface on 2007-07-04 13:56 ]
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Posted: 2007-07-04 14:54:18
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batesie Posts: > 500

that is pure over-hype-ness....
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Posted: 2007-07-04 15:10:39
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JK Posts: > 500

you got a link?
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Posted: 2007-07-04 15:21:56
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goldenface Posts: > 500

Here you go:

Reuters

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Posted: 2007-07-04 15:34:57
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whentheleveebreaks Posts: 390

that was only an estimate
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Posted: 2007-07-04 15:48:52
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JK Posts: > 500

Yip all say did exceed expectations and did sell 500k.

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[ This Message was edited by: 786KBR on 2007-07-04 15:04 ]
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Posted: 2007-07-04 16:03:48
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Dups! Posts: > 500

I'm not the least bit surprised by all of this! Apple knew exactly what they were up against in Nokia, Sony Ericsson and the rest of cellphone manufacturers. They needed to blow this iphone up to the extreme for the world to take note. Now that the dust has settled and figures are being clarified it doesn't look like so rosy anymore.
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Posted: 2007-07-04 16:11:00
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