by Mike Masnick
Thu, Jan 24th 2008 9:09pm
While Wall Street has had something of a love affair with Apple's stock until very recently, it appears that they're finally catching on that not everything may be as rosy as stated. With Apple and AT&T announcing numbers on iPhone sales and iPhone activations, respectively, there's a 1.7 million phone gap between those numbers. Taking into account the recent launches of iPhones in other countries (estimated at 350,000 to 400,000 iPhones so far) and a 20% estimate on people buying iPhones solely for unlocking, there are still nearly 700,000 iPhones unaccounted for... suggesting that they're sitting on store shelves, piling up as unsold inventory. That number suggests at least some gap between perceived demand and actual demand -- while also raising questions about how much effort it will take to eat through that inventory.
If you liked this post, you may also be interested in...
- Do Apple Trademarks Reveal What It's About To Launch?
- Rather Than Coming Up With Brand New Taxes For Tech Companies, The EU Just Issues A Massive Fine On Apple
- NY DA Cy Vance Asks Law Enforcement About Problems With Encryption; Won't Take 'No Problems' For An Answer
- The FBI Claims Failure To Guess Password Will Make Data 'Permanently Inaccessible,' Which Isn't True
- The FBI's Not-So-Compelling Pitch For Sacrificing Security For Safety