Drop in Production of iPhones?

MacRumors · Jul 31, 2007, 11:34 AM

TheStreet claims that Apple's stock took a dip amidst gossip that Apple was reducing production of iPhones from "9 million units to 4.5 million units," according to a note from Miller Tabak & Co.

Article Link

JPyre · 11:59 AM

Blah... this is the same guy that complained the iPhone wasn't sold out after 4 hours. I don't think Apple or AT&T is complaining about selling 4.5 in the near future. I don't understand this though, there is no way in hell Apple would sell 10million in the near future. Why would they manufacture them now anyway? 18 months before the end of 08?

twoodcc · Jul 31, 2007, 12:09 PM

not sure if i believe this or not. but apple's stock did take a dip. hopefully it'll recover

rockstarjoe · Jul 31, 2007, 12:09 PM

I think it is stock manipulation. Miller Tabak & Co. even say on their site that they "act as agent on behalf of sophisticated institutional investors, executing trading and hedging strategies imaginatively and aggressively." Yes, imaginatively indeed.

Queso · Jul 31, 2007, 12:13 PM

Which suggests to me some kind of upcoming design or technical amendment. Perhaps a 3G variant for Europe?

whooleytoo · Jul 31, 2007, 12:19 PM

Quote:

Originally Posted by dynamicv

Which suggests to me some kind of upcoming design or technical amendment. Perhaps a 3G variant for Europe?

Well, Apple are hiring iPhone support staff at the moment; so given there's probably a month or more lead-in time with new staff I'd say it'll be several weeks still before we see anything in Europe.

nagromme · Jul 31, 2007, 01:51 PM

Drop from 9 million... in what timeframe? How is that even a story if they don't say whether it was 9 million this month or 9 million next year, or what?

With a goal of 1 million by end of September, it's hard to imagine making more than that right now. It must be a long term thing... and long-term, Apple IS still on track to make their 10 mil in 2008.

(Did I miss something?)

nagromme · Jul 31, 2007, 01:58 PM

Follow-up:

However, Miller Tabak analyst Peter Boockvar later told AppleInsider that his firm authored no such note on Apple. Instead, he said, gossip was passed along during a telephone conversation and was subsequently overblown.

"Disregard it. There's no note on Apple today," Boockvar said. "It's pure noise."

Analog Kid · Jul 31, 2007, 02:03 PM

Quote:

Originally Posted by nagromme

Follow-up:

However, Miller Tabak analyst Peter Boockvar later told AppleInsider that his firm authored no such note on Apple. Instead, he said, gossip was passed along during a telephone conversation and was subsequently overblown.

"Disregard it. There's no note on Apple today," Boockvar said. "It's pure noise."

Yup, stock manipulation...

plumbingandtech · Jul 31, 2007, 02:05 PM

Quote:

"It's pure noise."

I say the same of him.

iJon · Jul 31, 2007, 03:47 PM

Any long term investors would just use this day to back up the truck and buy more Apple stock.

jon

knelto · Jul 31, 2007, 04:28 PM

And AAPL tanks yet again based on an unsubstantiated rumor. Lovely.

Buy it while you can!

dashiel · Jul 31, 2007, 04:31 PM

Quote:

Originally Posted by iJon

Any long term investors would just use this day to back up the truck and buy more Apple stock.

jon

yep. looking at the longterm moves apple is making, AAPL at $130 is a bargain. hell AAPL at $250 is a bargain.

jsnyd05 · 04:41 PM

I love how people react to any news related to the iPhone. I could send an anonymous tip to some website claiming iPhone preorders in Europe were sold out even if we dont have a set carrier or launch date and I'm sure I could drive the stock price up.

I might actually do that because all of this negative hearsay is crushing my august call. Lets get this crap over with and make our way to apple 200.

- jsnyd

Sent from my iPhone

gusapple · Jul 31, 2007, 05:10 PM

Quote:

Originally Posted by dashiel

yep. looking at the longterm moves apple is making, AAPL at $130 is a bargain. hell AAPL at $250 is a bargain.

Just think, if Apple has so much speculation, (6G iPod, 2G iPhone, new iMacs, new OS) think of all of the payoff it will have to buy right now, and sell in like 4 months.

DrFrankTM · Jul 31, 2007, 06:16 PM

Hmmm... Where can we make a formal complaint about the stock manipulators? It's so obvious that I'm not sure how they can think they'll just get away with it. Did they really cover their tracks well enough? It's too obvious. Someone will talk if pushed against the wall.

MarcelV · Jul 31, 2007, 06:16 PM

Quote:

Originally Posted by rockstarjoe

"act as agent on behalf of sophisticated institutional investors, executing trading and hedging strategies imaginatively and aggressively."

If this is their way of accomplishing it, with pretty good result today looking at the stock, the SEC should investigate those tactics.

JustGotAMAC · Jul 31, 2007, 07:13 PM

For some reason people( investors in a bubble) seem to be under the impression that Apple makes all their money from ipod and iphone sales. Apple has been selling computers to lots of first time users, which I believe accounts for 50% of Apple computer sales. Even further, current users like myself would buy another mac almost as though we were part of a cult. With that said, Apple has tremendous upside potential. This pullback was good for me, as I sold my position back when it was $118. Picked up good amount on the dip.

Apple to 225 before the year is out.

FoxyKaye · Jul 31, 2007, 10:46 PM

Gee, I wonder if that's because no-one can actually afford it, develop real apps for it, and it runs on AT&T's turtle-slow data network?

nagromme · Aug 1, 2007, 12:03 AM

Quote:

Originally Posted by FoxyKaye

Gee, I wonder if that's because no-one can actually afford it, develop real apps for it, and it runs on AT&T's turtle-slow data network?

Even a story that turns out to be false, gets trolling?

Only a quarter million (plus another 20 thousand) could afford it on the first day and a half of sales. Not even counting Sunday or ANY online orders--just retail. And Apple has not backed off their 10 million goal.

Ah, but it's... "No-one"

shadowfax · Aug 1, 2007, 10:54 AM

Quote:

Originally Posted by nagromme

Ah, but it's... "No-one"

Strange that there are so many "nobodies" buying the iPhone. usually nobodies can't afford things like this. I'm scared to think what would happen to the iPhone if the somebodies found out about it, they'd really sell like hotcakes then. 10 million tomorrow morning, like as not...

orbital · Aug 1, 2007, 03:35 PM

ars holes fricken casued my Apple options to tank on a rumor... at least now im in at 135 and will make bank if it goes back up to 140

IJ Reilly · Aug 1, 2007, 04:54 PM

It's funny/strange/sad when a "page 2 rumor" here can cause AAPL to take a big tumble. The markets are shadow-boxing, that's for sure.

MacNut · Aug 1, 2007, 05:00 PM

Can it be argued that the stock is highly over priced to begin with.

IJ Reilly · Aug 1, 2007, 06:18 PM

Quote:

Originally Posted by MacNut

Can it be argued that the stock is highly over priced to begin with.

Anything can be argued, but we get an answer to this particular argument every day in the stock market.

Jul 31, 2007, 11:34 AM	#1
MacRumors macrumors bot Join Date: Apr 2001	Drop in Production of iPhones? TheStreet claims that Apple's stock took a dip amidst gossip that Apple was reducing production of iPhones from "9 million units to 4.5 million units," according to a note from Miller Tabak & Co. Article Link

Jul 31, 2007, 11:54 AM	#2
JPyre macrumors 6502 Join Date: Mar 2005 Location: Pistolvania	Blah... this is the same guy that complained the iPhone wasn't sold out after 4 hours. I don't think Apple or AT&T is complaining about selling 4.5 in the near future. I don't understand this though, there is no way in hell Apple would sell 10million in the near future. Why would they manufacture them now anyway? 18 months before the end of 08? __________________ Dual 2.0GHz G5 Tower, 2.4GHz Black MacBook, 1.5GHz 12" Powerbook, Screenless 667MHz 15" Powerbook, iPhone 3G, Apple ][c with Okidata line printer. Last edited by JPyre : Jul 31, 2007 at 11:59 AM.

Jul 31, 2007, 12:09 PM	#3
twoodcc macrumors 603 Join Date: Feb 2005 Location: Right side of wrong	not sure if i believe this or not. but apple's stock did take a dip. hopefully it'll recover __________________ tville pump Smarter than the average bear

Jul 31, 2007, 12:09 PM	#4
rockstarjoe macrumors 6502a Join Date: Jun 2006 Location: washington dc	I think it is stock manipulation. Miller Tabak & Co. even say on their site that they "act as agent on behalf of sophisticated institutional investors, executing trading and hedging strategies imaginatively and aggressively." Yes, imaginatively indeed. __________________ Macbook, iPod Classic, iPhone 3g, hackintosh My band - [velvet] - Our music on iTunes

Jul 31, 2007, 12:13 PM	#5
Queso macrumors 603 Join Date: Mar 2006 Location: Sota el mar	Which suggests to me some kind of upcoming design or technical amendment. Perhaps a 3G variant for Europe? __________________ Gary Ablett's Blue and White Army

Jul 31, 2007, 01:51 PM	#7
nagromme macrumors 601 Join Date: May 2002 Location: Blinking blue dot	Drop from 9 million... in what timeframe? How is that even a story if they don't say whether it was 9 million this month or 9 million next year, or what? With a goal of 1 million by end of September, it's hard to imagine making more than that right now. It must be a long term thing... and long-term, Apple IS still on track to make their 10 mil in 2008. (Did I miss something?) __________________ nagromme Would you like a treatment?

Jul 31, 2007, 01:58 PM	#8
nagromme macrumors 601 Join Date: May 2002 Location: Blinking blue dot	Pure noise Follow-up: However, Miller Tabak analyst Peter Boockvar later told AppleInsider that his firm authored no such note on Apple. Instead, he said, gossip was passed along during a telephone conversation and was subsequently overblown. "Disregard it. There's no note on Apple today," Boockvar said. "It's pure noise." __________________ nagromme Would you like a treatment?

Jul 31, 2007, 03:47 PM	#11
iJon macrumors 601 Join Date: Feb 2002	Any long term investors would just use this day to back up the truck and buy more Apple stock. jon

Jul 31, 2007, 04:28 PM	#12
knelto macrumors regular Join Date: Jul 2007	And AAPL tanks yet again based on an unsubstantiated rumor. Lovely. Buy it while you can!

Jul 31, 2007, 04:39 PM	#14
jsnyd05 macrumors newbie Join Date: May 2006 Location: the lou	I love how people react to any news related to the iPhone. I could send an anonymous tip to some website claiming iPhone preorders in Europe were sold out even if we dont have a set carrier or launch date and I'm sure I could drive the stock price up. I might actually do that because all of this negative hearsay is crushing my august call. Lets get this crap over with and make our way to apple 200. - jsnyd Sent from my iPhone Last edited by jsnyd05 : Jul 31, 2007 at 04:41 PM. Reason: misspelling

Jul 31, 2007, 06:16 PM	#16
DrFrankTM macrumors regular Join Date: Nov 2005 Location: Canada	Hmmm... Where can we make a formal complaint about the stock manipulators? It's so obvious that I'm not sure how they can think they'll just get away with it. Did they really cover their tracks well enough? It's too obvious. Someone will talk if pushed against the wall. __________________ - Mac Mini Core Duo 1.66GHz, 2GB RAM, 120GB HDD with Dell UltraSharp 2407FPW (Life's pretty good!)

Jul 31, 2007, 07:13 PM	#18
JustGotAMAC macrumors newbie Join Date: Jul 2006	For some reason people( investors in a bubble) seem to be under the impression that Apple makes all their money from ipod and iphone sales. Apple has been selling computers to lots of first time users, which I believe accounts for 50% of Apple computer sales. Even further, current users like myself would buy another mac almost as though we were part of a cult. With that said, Apple has tremendous upside potential. This pullback was good for me, as I sold my position back when it was $118. Picked up good amount on the dip. Apple to 225 before the year is out.

Jul 31, 2007, 10:46 PM	#19
FoxyKaye macrumors 65816 Join Date: Jan 2004 Location: Oakland, Terre d'Ange, Bas Lag	Gee, I wonder if that's because no-one can actually afford it, develop real apps for it, and it runs on AT&T's turtle-slow data network? __________________ G5/2GHz iMac \| G3/600MHz iBook \| iPod 5G, 60GB \| 8GB CF modPod Mini The afternoon, born on the day of the sunlight streaming through the leaves.

Aug 1, 2007, 03:35 PM	#22
orbital macrumors member Join Date: Apr 2006	ars holes fricken casued my Apple options to tank on a rumor... at least now im in at 135 and will make bank if it goes back up to 140

Aug 1, 2007, 04:54 PM	#23
IJ Reilly macrumors 603 Join Date: Jul 2002 Location: Palookaville	It's funny/strange/sad when a "page 2 rumor" here can cause AAPL to take a big tumble. The markets are shadow-boxing, that's for sure. __________________ **The season starts too early and finishes too late and there are too many games in between.* Bill Veeck

Aug 1, 2007, 05:00 PM	#24
MacNut macrumors Demi-God Join Date: Jan 2002 Location: Connecticut	Can it be argued that the stock is highly over priced to begin with. __________________ New York Yankees 2009 World Series Champions!!!! #27

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