1,000,000
NEW YORK (Reuters) - Apple Inc (AAPL.O) said on Monday it has sold its one-millionth iPhone, a few weeks ahead of schedule, reassuring investors who had worried that last week's price cut signaled weak demand for the phone.
ADVERTISEMENT
Apple's shares, which fell more than 9 percent last week following last Wednesday's price cut announcement, rose as much as 4 percent in morning trading on the Nasdaq.
Apple cut the price of its first mobile phone to $399 from $599 and said it would sell 1 million units by the end of September.
Pacific Crest analyst Andy Hargreaves said Apple's ability to reach its target early was partly related to the price cut.
"Apple was be...
(continues)
Think about this Kool Aid dribkers. Why would any company with a successful product lower their prices 30% a few months after the BIG MARKING PUSH RELEASE that did nopt sell out?
Smoke and mirrors abounds at Apple.
BTW HOw many activations. I will bet not nearly a Million LOL So maybe Apple bought their own phones ?
You're probably new to Apple, so I'll explain how they work. I've been buying their products for nearly a decade now so I have a good idea of how they do things.
Their products are expensive. They're always expensive. They DO mark the prices down on occasion, and then a month or sometimes a week later they'll replace it with something new. Apple drops the price of a product before it's discontinued instead of after so that they aren't stuck with warehouses of old inventory that they eventually have to sell for even less just so they don't take as big of a hit on it.
"Oh look, that laptop I wanted has come down $200! I think I'll buy it now!" Two weeks later, "Oh, ther...
(continues)
nextel18 said:
They also collect monthly fees per Iphone sold so obviously the more Iphones sold the more revenue they will get on both the monthly fees and then per Iphone sold. AT&T will also benefit if they will sell a lot of the Iphone especially since they are the exclusive provider.
they only make money off the ones tied to a service plan. 👀
now anyone who paid $599 for the iphone when it first released feels dumb, because apple dropped the price so much, so soon after its release. Also taking the concept many people had already done. just unlocking their iphones to play around with. (without monthly fees)Apple screwed these people over by bring the ipod touch. (iphone without phone)
point is, when it first released tons of people didn't want to pay for any extra iphone media every month, we just wanted to have an iphone. Apple attacked the idea quick and is now making money off both deals.
hats off to them, they are really taking care of business. Now just imagine the new spectrum and apple ownin...
(continues)
😎
NO!
expectpwnage said:
or did you get that awsome feeling you get when your one of the few to have something new?
😎
NO!
And therein lies the classic reason those who were first in the Kool-Aid line. Paople who needed their 20 minutes of apporoval so bad they were willing to go into debt and or pay through the nose for the privilege.
AWESOME I have something few have turns to DAmm how stupid was I to pay too much for something no one wants..........
Ask an early PT Cruiser adopter.
woodywoody500 said:
you do know using larger, bold type print makes you look more stupid right?
Do my words indicate I really care what the likes of you think? Really now.
i make enough money to support my decision. end of it, sure they i could surf the web on my curve all day long (which i do) but its not as "cool" as the iphone.
i paid for this "coolness" because i wanted to own a first generation of the product. I know this, so does everyone else who bought it when it first released.
nextel18 said:
Plus if let’s say a lot of those customers for some reason don’t sign up a plan, which I don’t think is even possible
this is what i was refering to.
yes, it is possible, 👀 but now with the itouch, its pointless.
😁
thats kinda a given considering its their product.
my whole point was they didn't make money off the money service for ppl who didn't activate their iphones with att.
apples response to this minority was to come out with the ipod touch. same thing just from apple. (though it make apple look like they had the idea first)
i know plenty of iphone users who bought it close to release and used it just as an ipod,webbrower,picture viewer, etc...
That does not matter because they still see the $180 profit per Iphone. So you are right that if they do not sign up for the AT&T service (service monthly fees) that Apple will lose revenue from that source, but they will still make it on the other.
AvgJoe said:
"Assuring investors" LOL Thats what they REALLY need to do.
Think about this Kool Aid dribkers. Why would any company with a successful product lower their prices 30% a few months after the BIG MARKING PUSH RELEASE that did nopt sell out?
Smoke and mirrors abounds at Apple.
BTW HOw many activations. I will bet not nearly a Million LOL So maybe Apple bought their own phones ?
I work for ATT Iphone Activation Support. The numbers are right on the money and getting even stronger. The reason they lowered their price is for 2 reasons approx 80% of the phones sold prior to the price change were the 8 GB model.
By getting rid of the 4 GB model that opens the door for a newer say 12-...
(continues)
wombough said:
hmmmmm couldn't think of your own screename. Had to steal from another lol!
Maybe you outta get your facts straight. I've had this "name" for a Long Time, the other copied off of me. try checking into it before you try to infer things.
wombough said:
ok never saw you post before. I take it back! 🤭
Well ok then. I've been busy helping customers activate the iphones on itunes since the launch in june and been too busy to post till now.
Well ok then. I've been busy helping customers activate the iphones on itunes since the launch in june and been too busy to post till now.
🤣
What a clearly transparent, agenda motivated lie that is. Thank you for the laugh though.
Who are you? The white rabbit from Alice in Wonderland when it comes to activating iphones?
Lastly, what are you allegedly helping them with? The process is done just like an Ipod essentially, so wouldn't you be just cleaning up messes apple or at&t makes?
captainplooky said:
Well ok then. I've been busy helping customers activate the iphones on itunes since the launch in june and been too busy to post till now.
🤣
What a clearly transparent, agenda motivated lie that is. Thank you for the laugh though.
Who are you? The white rabbit from Alice in Wonderland when it comes to activating iphones?
Lastly, what are you allegedly helping them with? The process is done just like an Ipod essentially, so wouldn't you be just cleaning up messes apple or at&t makes?
I'm one of the few who work in the Iphone Activation Support Team. We are the ones who help customers when they can't do the right things in itunes like : ...
(continues)
lancekalzas said:
This phone has problems and it's not worth the money.
It was not worth $600 and even $400 if it did not have problems. Thats equivalent of a $1000 and $800 subsidized phone!!!!
Now that the far far more storage powered ITouch has been released where is the big draw of an 8GIG Iphone?
Im sorry I just don't see it. I never did see it.
The Priestly Apple is selling to the choir.
I still think it's funny that people are saying this is a crap phone. It's a super ipod and I've never heard anyone complain about ipods. Apple puts out stellar products and we buy them. Simple.
https://www.phonescoop.com/carriers/forum.php?fm=m&f ... »
I mean... where afterall did these phones come from? 🤣
http://blogs.pcworld.com/staffblog/archives/005380.html »
...
Opening weekend sales of iPhones were predicted to reach 500,000, according to analysts at Piper Jaffray. Some analysts at Goldman Sachs even predicted sales as high as 700,000.
Apple said originally it had set a goal of selling 10 million iPhones by the end of 2008. Piper Jaffray and other analysts said in early July they had expected Apple to sell about 3 million units this year. That doesn't seem too likely. However there are reports that
(continues)
http://online.wsj.com/article/SB118954864913424277.h ... »
Apple Inc.'s move last week to cut the price of its iPhone by $200 seems like just the inducement to persuade those on the fence to buy. But despite strong sales overall, some potential buyers -- even Apple devotees -- say the gadget still has too many drawbacks.
Cellphone users and tech enthusiasts have fawned over the iPhone's elegant interface, the luxury of having a full-blown Web browser on a phone, and the coolness of rolling several of their favorite gadgets into one. But...
(continues)
So a bunch of Kool Aid drinking Lemmings bought a pig in a poke. When they could have had a real technically advanced phone.
Of course Nokia doesnt have the slick advertising Apple has so many blind buyers bought the Apple, which is now $200 cheaper.
Why drop the price on a "successful" product? Seems to me Apple is pulling out all stops to prevent the phone from becoming an also ran before it's time after all the lukewarm reviews.
Keep pumpin Wireless you may save it yet.LOL
pepsijunky said:
You look at it through tunnel vision while I look at it through a business standpoint. If your Apple and you know you have a hype machine like the iphone why not start the price high($600) to start then get it down to a more reasonable ($400) as the months go by. They are the ones making the money not you avgidiot, you only wish you could be in that position.
I don't blame Apple at all! In fact I applaud their marketing savy. I do blame the gullible consumer for blind allegiance and allowing Apple to control them through marketing and hype only to find they paid far too much. Early adopters are great and do pay far more then other BUT 15 WEEKS LATER a 30% DROP? LOL
Why the huge drop? ...
(continues)
It's not like they dropped the phone from $250 to $50. It's still in the high priced range. They didn't lose credibility or anything just nailed down some new customers with a more reasonable price point. I gaurantee the numbers after the Christmas season are going to be staggering.
They aren't going to make the most money off the handset the money is in the monthly charge obviously so why not get more iphones out?
🙄
Is this how it always works?
captainplooky said:
In those same two days 76K failed to activate.
Is this how it always works?
Potentially.
What do you think would happen (for instance) if someone bought an iPhone for a gift?
And doubtlessly some folks bought it to EBay it, anticipating a supply shortage that never materialised. Not sure how this is necessarily BAD for Apple. They still profited greatly, after all. And frankly, I have no sympathy for folks who lose money on that kind of speculation.
When demand is up supply goes down. Hardly following with falling prices LOL.
Show us any product in history where high demand caused an almost immediate 30% fall in prices.
I still would love to know how many of those "million" I phones were activated. Theres the real number. Not Apples claim.
These are phones right?
AvgJoe said:
Pipsqueek..Plooky is right.
When demand is up supply goes down. Hardly following with falling prices LOL.
Show us any product in history where high demand caused an almost immediate 30% fall in prices.
I still would love to know how many of those "million" I phones were activated. Theres the real number. Not Apples claim.
These are phones right?
This is what's called a 'glittering generality'.
Though I'd be curious as to the number of activations myself. We'll have to wait until the next quarterly report though.
Webb said:AvgJoe said:
Pipsqueek..Plooky is right.
When demand is up supply goes down. Hardly following with falling prices LOL.
Show us any product in history where high demand caused an almost immediate 30% fall in prices.
I still would love to know how many of those "million" I phones were activated. Theres the real number. Not Apples claim.
These are phones right?
This is what's called a 'glittering generality'.
Though I'd be curious as to the number of activations myself. We'll have to wait until the next quarterly report though.
Thats funny becasue after the week of realease ATT reported the LACK of activations of Iphones
AvgJoe said:...Webb said:AvgJoe said:
Pipsqueek..Plooky is right.
When demand is up supply goes down. Hardly following with falling prices LOL.
Show us any product in history where high demand caused an almost immediate 30% fall in prices.
I still would love to know how many of those "million" I phones were activated. Theres the real number. Not Apples claim.
These are phones right?
This is what's called a 'glittering generality'.
Though I'd be curious as to the number of activations myself. We'll have to wait until the next quarterly report though.
Thats funny becasue after the week of realease ATT reported the LACK of activations of
(continues)
Webb said:...AvgJoe said:Webb said:AvgJoe said:
Pipsqueek..Plooky is right.
When demand is up supply goes down. Hardly following with falling prices LOL.
Show us any product in history where high demand caused an almost immediate 30% fall in prices.
I still would love to know how many of those "million" I phones were activated. Theres the real number. Not Apples claim.
These are phones right?
This is what's called a 'glittering generality'.
Though I'd be curious as to the number of activations myself. We'll have to wait until the next quarterly report though.
Thats funny becasue after the week of realease ATT repo
(continues)
So... any AT&T store reps out there with mountains of unsold iPhones in their store?
I mean, if AvgJoe is right, there should be...
Webb said:
That would account for a difference that big, I guess.
So... any AT&T store reps out there with mountains of unsold iPhones in their store?
I mean, if AvgJoe is right, there should be...
I posted a link detailing Apple's accounting practices regarding "sold".
Sold=Shipped.
AvgJoe said:Webb said:
I posted a link detailing Apple's accounting practices regarding "sold".
Sold=Shipped.
So they could conceivably be sitting in Apple Stores, eh?
Well IF sold=shipped, then that does equate to a touch of fudging.
The extent would have to be... massive to really equate the end of the world though. I can certainly afford to wait and see.
But you know... I'm not selling off the last of my Apple shares yet.
I would also suggest actually doing a bit of reading regarding Apple's past history. As you will see, Apple has made and will make product/marketing errors.
Seeing as how you most likely to do neither of those, let me summarize for you as simply as I can in the hopes that you will understand.
Price is lowered to prevent or reduce surplus product.
Shortages of products result in an increase in prices.
Apple lowered their price, therefore it would be safe to assume they have a surplus or perceived surplus of product.
By lowering the price, they are trying to ...
(continues)
chainsaw said:
Man I'm glad I don't have to take econ again. So much theoretical BS.
Perhaps you should retake the classes. It appears you were asleep. Theory has no place in supply vs demand pricing structures. It's in fact common sense that does not require BUS 101 to understand.
I am not an apple person and do not know their history other than he was sort of ousted then came back. Several folks at the time bought Newtons and thought they would launch and lead a new product catagory. As I remember Palm and HP beat them in that new catagory or PDAs.
It was a non event. I mean, who would get excited about a new phone launch that matches the top selling phone on the market at a much higher price point?
I should have listened to you all along. What was I thinking listening to Forbes and WSJ instead of some anonymouse internet blog junkie.
texaswireless said:
But you were right Joe.
It was a non event. I mean, who would get excited about a new phone launch that matches the top selling phone on the market at a much higher price point?
I should have listened to you all along. What was I thinking listening to Forbes and WSJ instead of some anonymouse internet blog junkie.
People like you never learn....Because you know it all already.
texaswireless said:
Good thing I am not a Texan and never claimed to be. Born and raised in CA.
You are better off a Texan.....LOL
texaswireless said:
You are right. People like me never learn anything... from people like you.
And thats why you will still be working by neccesity not choice at 50 years old.
I "called you out" in another thread and after seeing that you were quite able to respond to every post but that one I'll call you out here.
First lets clarify something, it's "necessity."
Please for the love of everything grammatical, learn to spell.
Second, what business school did you graduate from? Was it in Grenada. Your business acumen is so laughable its almost comical. You can barely type a complete sentence much less rattle off what you believe is a complete understandings of Apple's marketing schemes.
Instead of continuing to sit here and embarrass your feeble mind, do the world a favor and this is two fold:
1) Buy a dictionary and an MLA book writi...
(continues)
arigold said:...
Avgjoe, or little wonderpup as I am going to start calling you.
I "called you out" in another thread and after seeing that you were quite able to respond to every post but that one I'll call you out here.
First lets clarify something, it's "necessity."
Please for the love of everything grammatical, learn to spell.
Second, what business school did you graduate from? Was it in Grenada. Your business acumen is so laughable its almost comical. You can barely type a complete sentence much less rattle off what you believe is a complete understandings of Apple's marketing schemes.
Instead of continuing to sit here and embarrass your feeble mind, do the world a favor and this is two fold:
1) Buy
(continues)
Great points with the Apple and AT&T situation, and other matters that you post on here. You have great premises, and great data to prove them. Continue to do what you are doing and that allows perhaps other members, even the ones that you are disputing or having dialogue with, to learn and that helps Phone Scoop grow both maturity wise and knowledge wise. Kudos.
nextel18 said:
It happens a lot on these forums, but it is getting better though. I won’t name any names but a few did it to me when I was proving a point and they were in essence losing the battle so they resort to bashing, name calling, and attack of grammar and spelling.
Great points with the Apple and AT&T situation, and other matters that you post on here. You have great premises, and great data to prove them. Continue to do what you are doing and that allows perhaps other members, even the ones that you are disputing or having dialogue with, to learn and that helps Phone Scoop grow both maturity wise and knowledge wise. Kudos.
Literacy and gram mer is hardly an indicator of success (unless o...
(continues)
I think that with the bashing and other negative things the whole forum suffers, because the people within the dialogue obviously gain no...
(continues)
A person that arrogant has to bring some serious intellectual guns to get any respect. And, well... you seem to be merely average in overall intelligence.
This isn't to deride you. People of average intelligence can certainly succeed in life through other virtues. You claim to be independantly wealthy, so you might well be one of these people.
Or you might be a shyster. I h...
(continues)
Webb said:...
Kool Aid drinkers would be an example of the lack of civility that Nextel is referring to. You'd probably get called an idiot a lot less if you didn't use terms like that and 'lemming' to describe... well... everyone who has bought an iPhone, everyone who doesn't DESPISE the iPhone, and for that matter, everyone who doesn't despite Apple Computer Corp in general.
A person that arrogant has to bring some serious intellectual guns to get any respect. And, well... you seem to be merely average in overall intelligence.
This isn't to deride you. People of average intelligence can certainly succeed in life through other virtues. You claim to be independantly wealthy, so you might well be one of these people.
(continues)
I have had enough of your spelling errors and your rampant sorry excuse for what you try and pass off as business acumen. You claim to be a successful man and yet you seem to lack anything that qualifies as success. The ONLY thing I have seen you succeed in is making yourself a target for personal attacks and opinionated blunders. Please do the world a favor and expand your vernacular, learn to use spell check and for that matter fact check.
Why do you insist on responding to every single iphone thread? Is your life that wildly exciting that the phonescoop.com forums have become a pinnacle for your daily activity?
Enough is enough man. Long walk, short cliff. Think about it and do the world and our future children a fav...
(continues)
Of course, that success is still quite short of the expectations set forth by both analyst and Apple. Not to mention - the future remains questionable for the Iphone.
The recent dramatic price cuts were not decided on out of benevolence, and signal trouble despite Apple's protestations that it is an example of Moore's Law.
I also believe it will be interesting to see how the $100 rebate for early adopters actually materializes.
What was I thinking listening to Forbes and WSJ instead of some anonymouse internet blog junkie.
🤣
Could your straw man attacks based on po...
(continues)
So far all I see are Apple's desperate attemptsd to keep the iPhone relavant.
Don't bother educating Texaswireless. He knows it all.
Show mw any product in US history where high demand and succes has caused a price drop of 30% within weeks of release.
Apple is in panic mode. Believe it.
The "one million units sold" line is nothing more than a shell game of moving inventory from one shell to another; all the while waiting for it to be sold to a consumer and activated.
It's also interesting that noone has mentioned that if At&t and Apple had the success they claim in the number of units sold and activated in the Iphone's initial launch - then why did it take so long to reach one million in the first place?
Apple reported selling 270K units in the first 30 hours and only 220K units in the month of July - how does one explain this discrepancy?
http://news.com.com/Apple+earnings+soar+as+iPhone+sh ... »
http://news.com.com/Apples+iPhone+p »...
(continues)
http://news.com.com/8301-10784_3-9749062-7.html »
I had forgotten about the initial activation problems, however, unless mistaken Apple and at&t claimed that affected a small minority of iphone users - not over 84K people.
I was just trying to highlight the shell game that these companies play product, costs, and revenues, and profits.
captainplooky said:
Good point.
I had forgotten about the initial activation problems, however, unless mistaken Apple and at&t claimed that affected a small minority of iphone users - not over 84K people.
I was just trying to highlight the shell game that these companies play product, costs, and revenues, and profits.
EXACTLY.
This is classic damage control. Their advertising dept and contrator s are working overtime to keep the "image" of the iPhone from becoming an "also ran"
Apple cannot afford to fail. Other phones are coming that will have the touch screen. There are phones out there now that make the iPhone look and appear like the toy it is. A $200 phone at best. PEople are going to wan...
(continues)
But it will not be enough. The word is out. There will be a few fans but the iPhone will fade as the more seasoned players do the touch screen thing.
iPhone has its issues, but of a rather different sort. Lack of certain features (most importantly UMTS) will limit it initially. But for all of its flaws, if a million have indeed been sold... it's successful.
Even the WSJ has reported:
The price cut was unexpected. Toni Sacconaghi, an analyst at Sanford Bernstein, said he wasn't aware of Apple previously cutting prices so quickly after the introduction of one of its new products, and questioned whether Apple could meet its goal in the absence of a price cut. "It can't be a bullish signal about iPhone volumes," he said.
Apple previously said it sold 270,000 iPhones during the product's first 30 hours on sale, but it hasn't provided more specific sales figures since then.
...
Apple has a history of pricing new, redesigned versions of its iPods at about the same price a
(continues)
bojmir said:
You sure show you think you know it all. Alot of what you say is speculation, especially when you say Apple is in panic mode.
Yeah IM sure. It does not take a marketing genius to see what is going on here.
Big Hype for a product. Built in Apple iPod fan base.......WIN WIN
Then it get s released and people can get them without having waited in lines easily. Reviews are lukewarm at best. Sales fall dramatically
Negative perception is brewing on the cost vs feature set. Owner's are disappointed with features and looking forward to iPhone II just weeks after launch to "fill in the holes".
Apple panics fearing a perception issue and lowers the price to hopefully relight the candl...
(continues)
AvgJoe said:...bojmir said:
You sure show you think you know it all. Alot of what you say is speculation, especially when you say Apple is in panic mode.
Yeah IM sure. It does not take a marketing genius to see what is going on here.
Big Hype for a product. Built in Apple iPod fan base.......WIN WIN
Then it get s released and people can get them without having waited in lines easily. Reviews are lukewarm at best. Sales fall dramatically
Negative perception is brewing on the cost vs feature set. Owner's are disappointed with features and looking forward to iPhone II just weeks after launch to "fill in the holes".
Apple panics fearing a perception issue and lowers the pri
(continues)
Webb said:
It's not exactly suspicious that more recent stats haven't been released. I've never seen AT&T (or any carrier) release mid-quarter stats on activations.
But whatever floats your boat...
They were certainky quick to release Apple activation stats right after the first weekend of iPhone sales though..Go figure
AvgJoe said:Webb said:
It's not exactly suspicious that more recent stats haven't been released. I've never seen AT&T (or any carrier) release mid-quarter stats on activations.
But whatever floats your boat...
They were certainky quick to release Apple activation stats right after the first weekend of iPhone sales though..Go figure
That's because the end of June was actually the end of the quarter. That first weekend was all that there was of iPhone sales in that quarter. It's not like iPhone sales were the ONLY stat AT&T Mobility released that day.
AvgJoe said:Webb said:
It's not exactly suspicious that more recent stats haven't been released. I've never seen AT&T (or any carrier) release mid-quarter stats on activations.
But whatever floats your boat...
They were certainky quick to release Apple activation stats right after the first weekend of iPhone sales though..Go figure
Sure they were considering it was released two days from the end of the quarter. Generally the quarter has to end before the companies will have their quarterly conference call..
Do you watch Fox News for news?
captainplooky said:
I have a serious question for you texaswireless.
Do you watch Fox News for news?
He's from California. Of course not. Its either Telemundo or Entertainment tonight.
😉
I watch about 1/2 hour of news per week if that. I honestly do not have the time to sit in front of the TV when I get home. I have two young daughters and when I am not working I want to spend time with them.
I do try to read news when at work online. I read the WSJ online. On my yahoo homepage I have Marketwatch, Forbes, AP, USA Yesterday and Reuters (as well as the yahoo news service which typically gets it's reporting from AP and others). I also have two local websites from San Diego so I can keep on my hometown news (signonsandiego.com).
I do not like to read far left or far right news services as it generally degrades to rants. Yes, there are some good articles on both sides ...
(continues)
texaswireless said:
BTW, I agreed with your post about the iPhone (until you decided to be negative specifically towards me of course). The referenced article was not directed at you but rather avgjoe (and others) who still dispute the success of the product in the face of massive independent reports to the contrary.
You "agreed" until he got personal. So his facts regarding the subject become irrelevant because he disrespected you.OK
In the face of INDEPENDANT reports?
How can a report be independent when they are getting their numbers from Apple?
I have not read anywhere ATT has activated that many or even concurred with Apple.
There have been several reports from both iSupply and independent stock analyists that perform onsite checks of sales to determine their figures and stock projections.
My discussions with pooky are irrelevant to our conversation. I have pounded you with facts from multiple sources and you still sit in denial. I could give a rats behind if you don't LIKE the people that bought the phone but your insistance that it was a non-event is just ignorant and must be challenged for those who would read this junk and want real facts.
texaswireless said:
Hmmmm,
There have been several reports from both iSupply and independent stock analyists that perform onsite checks of sales to determine their figures and stock projections.
My discussions with pooky are irrelevant to our conversation. I have pounded you with facts from multiple sources and you still sit in denial. I could give a rats behind if you don't LIKE the people that bought the phone but your insistance that it was a non-event is just ignorant and must be challenged for those who would read this junk and want real facts.
Well lets let people determine where the "facts" are based on opposing opinion. Let them decide whos facts are real. I am sure many will think your "fa...
(continues)
(continues)
He is a hater, plains and simple.
Good post though either way.
Trust me, the amount of times I ignore versus respond is a scary.
Chat with you later.
Sometimes I just have to defend some turf. I guess it is in my ****y nature.
texaswireless said:
I agree.
Have a good weekend.
This is amazing. you and nextel8 being civil!
Seriously. No reason not to be civil. He has said some stuff, I have said some stuff. Who cares? He is a smart kid, no reason not to give respect when others do as well.
You do not drop a price 40% on anything that is flying off the shelves so soon after release. They dropped the price because sales were falling off Plain and simple. You make it sound like some grand plan Apple had. I have to believe they did not expect to drop the price 16 weeks after release by over 30%.IF Jobs knew about this he really screwed his own fan base and has confidence he can do anything to them and they will still drink the Kool-Aid The backlash is not worth it to any normal company.
I believe ATT is not happy with the activations vs sales nor are they happy w...
(continues)
(continues)
Apple can do anything they want in the market place because the vast majority of young people they target market to are more concerned with the being "cool factor" then actual substance.
They could not price it lower first because it costs a lot of money to make it in the first place. As the ASP goes down over time for the parts, then obviously, we will see further price declines in all mobile devices.
You are making excuses for them. You simple do not lower the price of a successful product by 40% shortly after release if it's flying off the shelves. Even Jobs cannot afford to do that "just because he made his R&D bac...
(continues)
I am not saying that Iphone is a good product in fact I don’t think it is a very good product at all but Apple and AT&T marketed it well to allow for a buzz to be created and at the $400 price target now instead of $600 it allows for more people to purchase it. People are trying to unlock it so I mean it is already popular with that. Overseas, they are starting to get inquires and Apple is signing deals.
That is lif...
(continues)
Now what were you saying?
You really believe 1 out of 3.5 people in this country have an iphone?
"Companies over time"?LOL 8 WEEKS?????
All the words ...
(continues)
Your maths a little off there buddy, there are over 300 million people in the US, that would be maybe 1 out of 300 to 350.
1 out of 3 would be about 100 million iPhones.
It does not matter what I think, because it matters what AT&T and Apple say during their quarterly reports. If that number is not true, remember it is a deferred revenue method, and then obviously both companies would be in SEC inquiries and in trouble. Companies might do that, but I doubt Jobs would especially with the back options inquiry against them and the billions he has in stock. Time wi...
(continues)
Its simple. You DON"T drop the price on ANY "hugely successful" product 40% within weeks of release. There is no amount of explanation that can justify that as a great business decision and not damage control. Jobs can spin all he wants
Yes they will make money. Of course they will make money. They have a built in fan base.But those people already bought their phones! Now what? Where are the activations. SHOW ME THE ACTIVATIONS...They are not there.
Even YOU can't tell me 1 out of 3.5 people of ALL ages in this country have an iPHONE. Thats what Appple is claiming!!!!!330 Million people 1 million Iphones sold. Hmmmmmmmmm
Convince...
(continues)
With my analysis, I provided more than just common sense. Whenever I want to prove something, I use all of my tools at my disposal from mathematics to trends then to common sense.
I already explained the reasoning for their decline in price. Not sure if saying it another 100 times would help. AT&T will show us the activations when they report their quarterly reports. They aren’t there because AT&T didn’t report the next quarter’s earnings.
You should see what wfine81 mentioned about 1 out of 3.5 people....
(continues)
CNET Article
Weekend frenzy led to 1 million iPhones sold?
Posted by Tom Krazit
Well, that was quick.
Just days after Apple kicked up a huge iPhone cloud of dust by announcing a $200 price cut, then apologized for its actions with a $100 store credit, the company announced that it has sold the 1 millionth iPhone. Apple reached that goal in 74 days, and it had allotted itself until the end of September to reach that mark.
That doesn't necessarily mean that there are 1 million iPhones in the wild. An Apple representative confirmed that the iPhone numbers are "sell-in," which means they reflect the number of iPhones that Apple has shipped to its retail outlets. Now, Apple's diff...
(continues)
nextel18 said:
Ok thanks for the link but I don’t think you even addressed some of the issues I raised towards you. Therefore, I don’t know what more I can say that will at least let you look openly instead of towards your negative bias.
That will be a relief to all.
Oh well. You know, I know and so do most other sane people that the iPhone was a very significant success.
To continued stock value increases and continued dividend increases... Cheers!
texaswireless said:
Good information. Facts do not change the view of haters. He doesn't want the iPhone to be a success (non-event is what he likes to say) so anything to the contrary is ignored.
Oh well. You know, I know and so do most other sane people that the iPhone was a very significant success.
To continued stock value increases and continued dividend increases... Cheers!
Continued Dividend increases?
Apple does not pay dividends. Apple stock has NEVER paid a dividend.
I sure hope you have a professional handling your investment future Wireless.
TEX; Apple doesn’t pay a dividend but buys back shares.
On the iPhone, Apple decided to drop the price. They probably did it to sell more, and they're quite obviously still making money off the devices.
On the PS3, retailers weren't moving them. They were sitting on the shelves gathering dust. A few of the larger retailers decided to drop the price to get rid of them. The smaller ones followed their lead or else they wouldn't sell their overstock also. A week later, Sony decides to "officially" drop the price. Sony has always lost money on the PS3, and now they're losing more.
What happened to Sony would've been akin to at&t deciding to drop the price to sell more.
I'm undecided as well about where it's going, but it was free so oh well.
If it's the latter, then yes they both were dropped to sell more. The way they were lowered is very different. Re-read my original post for that.
If it's the former, then I'm sorry but I really don't understand why that's relevant.
Very similar, though.
Sony needed to lower their prices just to lose less money than they already have. The units were already built and just sitting on shelves so they'd already cost Sony money.
Didn't Apple make a profit off of their iPhone too? I can't remember those specs, but I'm betting they did. I also believe they operate iTunes at a loss in order to drive sales to their iPod devices. It's kind of the opposite of gaming companies. They sell the OS at a loss to make a profit off the games.
Of course, Apple doesn't make the songs either, they're just providing a service. It's getting a little thick now.
If Sony lowered their prices, which they did, they would actually lose more money not less because remember if they lower prices the costs that I cost still remained high plus the cost of inventory. Obviously, they tried to offset the loss with sales in TVs, games, volume and other accessories.
Yes, Apple indeed makes money two ways. One they make money, around $11 per month, per Iphone sold. Two they make around $180 per Iphone sold. (That is with the cut in price)
Well, the ITunes and its operations are a little bit a ...
(continues)
texaswireless said:
http://news.yahoo.com/s/nm/20070910/tc_nm/apple_ipho ... »
NEW YORK (Reuters) - Apple Inc (AAPL.O) said on Monday it has sold its one-millionth iPhone, a few weeks ahead of schedule, reassuring investors who had worried that last week's price cut signaled weak demand for the phone.
Not too shabby.
Big Deal Verizon sold three time as many Chocolates in a year...WITHOUT all the pre marketing hype. Verizon sells 850K Chocolates every quarter.
Perhaps thats why I don't consider 1, million sold as a huge event.....Especially siince it took months and millions of advertising dollars to do so along with a hefty 40% price cut......
texaswireless said:
11 days for that reply?
Let it go dude.
Apparently you did not realize that in your zeal to indicate how "singly successful" the iPhone is.
It's really not all that successful when compared to a much less hyped phone on a different network.
Apple iTV is a flop. They cannot afford the iPhone to be the same so they make it sound like 1 million is a HUGE number. I'll bet LG did not spend 1/10th in hype and promotion of their chocolate that iPhone did and achieved the same result. Whats that really say about the iPhone?
Can you understand now why Jobs slashed the price so soon after release to get that million? (not sold BTW Only distributed.)
AvgJoe said:
I'll bet LG did not spend 1/10th in hype and promotion of their chocolate that iPhone did and achieved the same result. Whats that really say about the iPhone?
actually, they have ran more commercials for the chocolate than the iphone. and if you compare apples to oranges, both pale in comparision to nokia 1100, 200 million sold and Moto V3(gsm) at 60+ million sold.
crackberry said:AvgJoe said:
I'll bet LG did not spend 1/10th in hype and promotion of their chocolate that iPhone did and achieved the same result. Whats that really say about the iPhone?
actually, they have ran more commercials for the chocolate than the iphone. and if you compare apples to oranges, both pale in comparision to nokia 1100, 200 million sold and Moto V3(gsm) at 60+ million sold.
Exactly. Jobs expected those kinds of numbers. He expected RAZR success. IM not seeing it. 1 million phones is NOT a runaway success as many seem to believe when compared to phones that have been and still are.
I have "heard" more about the iPHON before its release then the Cho...
(continues)
AvgJoe said:...crackberry said:AvgJoe said:
I'll bet LG did not spend 1/10th in hype and promotion of their chocolate that iPhone did and achieved the same result. Whats that really say about the iPhone?
actually, they have ran more commercials for the chocolate than the iphone. and if you compare apples to oranges, both pale in comparision to nokia 1100, 200 million sold and Moto V3(gsm) at 60+ million sold.
Exactly. Jobs expected those kinds of numbers. He expected RAZR success. IM not seeing it. 1 million phones is NOT a runaway success as many seem to believe when compared to phones that have been and still are.
I have "heard" more about the iPHO
(continues)
Jobs DID NOT expect 60 million handset sales. Prove it. Prove he expected that. Show me anything he expected other that the 8 million they expected to sell by 2008.
You are just making stuff up now. Such a sad existence.
texaswireless said:
You are so full of it I cannot believe my eyes.
Jobs DID NOT expect 60 million handset sales. Prove it. Prove he expected that. Show me anything he expected other that the 8 million they expected to sell by 2008.
You are just making stuff up now. Such a sad existence.
You need to relax and really really comprehend before you come all unglued.
Jobs clearly expects to exceed a RAZR/Chocolate type of success with the iPhone and he did not and is not getting the INITIAL numbers he expected. So he drops the price 40% because Apple just flopped with iTV and cannot afford another no go.
Apple did NOT SELL 1,000,000 iPhones to the PUBLIC. They count phones leaving their distrib...
(continues)
Crackberry stated 200 M Nokia 1100 and 60 M RAZR and you said Jobs expected those kind of numbers.
You can't use facts to prove your case so you resort to exaggerating.
You got caught. Deal.
texaswireless said:
B.S.
Crackberry stated 200 M Nokia 1100 and 60 M RAZR and you said Jobs expected those kind of numbers.
You can't use facts to prove your case so you resort to exaggerating.
You got caught. Deal.
So you say. You are on crack if you think JObs was not expecting the iPHONE to exceed all other phone sales in history and become a "ground breaking" everyone must have phone like the iPod.
You need to take those ATT blinders off and see through the real world eyes of those who have no axe to grind or phones to sell.
AvgJoe said:texaswireless said:
B.S.
Crackberry stated 200 M Nokia 1100 and 60 M RAZR and you said Jobs expected those kind of numbers.
You can't use facts to prove your case so you resort to exaggerating.
You got caught. Deal.
So you say. You are on crack if you think JObs was not expecting the iPHONE to exceed all other phone sales in history and become a "ground breaking" everyone must have phone like the iPod.
You need to take those ATT blinders off and see through the real world eyes of those who have no axe to grind or phones to sell.
You have to understand that our only source on this is your incredible insight into the inner workings of Steve Jobs....
(continues)
Webb said:...AvgJoe said:texaswireless said:
B.S.
Crackberry stated 200 M Nokia 1100 and 60 M RAZR and you said Jobs expected those kind of numbers.
You can't use facts to prove your case so you resort to exaggerating.
You got caught. Deal.
So you say. You are on crack if you think JObs was not expecting the iPHONE to exceed all other phone sales in history and become a "ground breaking" everyone must have phone like the iPod.
You need to take those ATT blinders off and see through the real world eyes of those who have no axe to grind or phones to sell.
You have to understand that our only source on this is your incredible insight into th
(continues)
AvgJoe said:...Webb said:AvgJoe said:texaswireless said:
B.S.
Crackberry stated 200 M Nokia 1100 and 60 M RAZR and you said Jobs expected those kind of numbers.
You can't use facts to prove your case so you resort to exaggerating.
You got caught. Deal.
So you say. You are on crack if you think JObs was not expecting the iPHONE to exceed all other phone sales in history and become a "ground breaking" everyone must have phone like the iPod.
You need to take those ATT blinders off and see through the real world eyes of those who have no axe to grind or phones to sell.
You have to understand that our only source on this i
(continues)
AvgJoe said:...texaswireless said:
You are so full of it I cannot believe my eyes.
Jobs DID NOT expect 60 million handset sales. Prove it. Prove he expected that. Show me anything he expected other that the 8 million they expected to sell by 2008.
You are just making stuff up now. Such a sad existence.
You need to relax and really really comprehend before you come all unglued.
Jobs clearly expects to exceed a RAZR/Chocolate type of success with the iPhone and he did not and is not getting the INITIAL numbers he expected. So he drops the price 40% because Apple just flopped with iTV and cannot afford another no go.
Apple did NOT SELL 1,000,000 iPhones to the PUBLIC. They c
(continues)
crackberry said:...AvgJoe said:texaswireless said:
You are so full of it I cannot believe my eyes.
Jobs DID NOT expect 60 million handset sales. Prove it. Prove he expected that. Show me anything he expected other that the 8 million they expected to sell by 2008.
You are just making stuff up now. Such a sad existence.
You need to relax and really really comprehend before you come all unglued.
Jobs clearly expects to exceed a RAZR/Chocolate type of success with the iPhone and he did not and is not getting the INITIAL numbers he expected. So he drops the price 40% because Apple just flopped with iTV and cannot afford another no go.
Apple did NOT SELL 1,
(continues)
AvgJoe said:...crackberry said:AvgJoe said:texaswireless said:
You are so full of it I cannot believe my eyes.
Jobs DID NOT expect 60 million handset sales. Prove it. Prove he expected that. Show me anything he expected other that the 8 million they expected to sell by 2008.
You are just making stuff up now. Such a sad existence.
You need to relax and really really comprehend before you come all unglued.
Jobs clearly expects to exceed a RAZR/Chocolate type of success with the iPhone and he did not and is not getting the INITIAL numbers he expected. So he drops the price 40% because Apple just flopped with iTV and cannot afford another
(continues)
rytr23 said:
Not really, considering that is worldwide number, and is the 1% of the cell phone market they are going after. Didn;t they just double their production numbers? Wierd that..
It's not gonna happen. They could triple their production in anticipation of that goal and just have more phones sitting on shelves (yet they will be called "sold" by Apple acounting LOL) . A non subsidized yet locked phone will not capture 1% of the market. There are not that many dumb people or Apple Kool-Aid drinkers.
Initial sales were not all that impressive. Initial activations were even less. Luke warm reviews across the board, The iTouch Ipod is out with 80Gigs.....No way they will sell 2.5 million a quarter ...
(continues)
I would be surprised if it passes the chocolate sales! Even now since apple launched all the new ipods and the itouch!
wombough said:
I would be surprised if it passes the chocolate sales! Even now since apple launched all the new ipods and the itouch!
it will. just like the razr. it will get played out and every one from 10-80 will have one on prepaid sold at 7-11.
crackberry said:wombough said:
I would be surprised if it passes the chocolate sales! Even now since apple launched all the new ipods and the itouch!
it will. just like the razr. it will get played out and every one from 10-80 will have one on prepaid sold at 7-11.
By that time there will be far better and less expensive choices with a "WOW touch screen"
phonewhore said:
Maybe Verizon did give away a ton of Chocolates, but that's only because it costs like $50. The fact that Jobs got 1,000,000 people to pay full price for a $600 phone unbelievable marketing. You are still an idiot.
You need to learn to read. Apple did not SELL 1 million phones. They count a phone leaving the distribution center as SOLD.
Look at ACTIVATIONS for the truth.
Unbelievable marketing is right. They really sucked in a lot of people, like an over hyped movie which dies in the second week of release...only they cannot lower the price of an over hyped movie to grind out a few more buyers.