Apple Has Already Reached 10 Million iPhone Sales in 2008?

[VoR]

but I'm shocked at just how many people go with this line of thinking...

I'm shocked people are willing to hand over so much money without really checking that it lives upto expectations and does what they want.
They've done well with the iphone, but I think it's proper shoddy compared to what other devices have been doing for years - amazing what a swanky looking case, fluid interface and decent(ish) browser can do, or am I missing something?

 

[bigjohn]

when the stock gets into the 50 range, i'm gonna start buying it up

 

[AAPLaday]

Im shocked the difference between the original and the 3g one in terms of sales figures. Looks like the 3g version has been a massive hit.

 

[MrCrowbar]

I'm shocked people are willing to hand over so much money without really checking that it lives upto expectations and does what they want.
They've done well with the iphone, but I think it's proper shoddy compared to what other devices have been doing for years - amazing what a swanky looking case, fluid interface and decent(ish) browser can do, or am I missing something?

Features are futile if you hate your phone. Been there with Sony Ericsson. The current interfaces are horribly ugly and absolutely no fun to use. I miss the old Nokia days...

A good interface is very important. That's why the original Macintosh and his brethren were so loved by their users.

 

[stagi]

I bet they are selling a good number of phones but doubt they have already hit 10 mil. Knowing how Apple and Jobs likes to promote major milestones I think they would have made a big deal of this if it did happen already. But they might be getting close!

 

[stagi]

when the stock gets into the 50 range, i'm gonna start buying it up

with how things are going that might happen, and if so i'll be right there with you. Sold most of mine awhile back in the 160's and am not going to buy anything for the next few months if the crazyness keeps going on with the market.

 

[Saladinos]

Stock downgrade? What stock downgrade?

 

[arn]

Im shocked the difference between the original and the 3g one in terms of sales figures. Looks like the 3g version has been a massive hit.

3g was cheaper ($199) and available in far more countries

arn

 

[Rojo]

I'm shocked people are willing to hand over so much money without really checking that it lives upto expectations and does what they want.
They've done well with the iphone, but I think it's proper shoddy compared to what other devices have been doing for years - amazing what a swanky looking case, fluid interface and decent(ish) browser can do, or am I missing something?

While it may be missing some features (head-scratching ones too, I admit), it's still a gazillion times better than most phones. Fluid GUI is a HUGE thing, especially when most other phones are a pain in the ass to use for anything more complicated than making a phone call. I've had lots of the iPhones features on my previous phone, but NEVER used any of them. It was 99% of the time just a phone for me, and maybe 1% "other." With the iPhone, the actual phone part of it (and I'm including texting here) is maybe 5-10% of its useage for me (and I still use the phone part the same amount). The iPod function is another 20%, while the rest is everything else -- the majority of it being the various apps I've downloaded from the app store, most of which are currently not available on any other phone.

So it's no surprise to me why so many people love the iPhone. It IS surprising to me that people will not buy it, or give it up, simply because it doesn't do copy & paste, or MMS. To me, the pros FAR outweigh any cons.... but I know there are some people that get so frustrated that the iPhone isn't the absolute perfect "does everything you can ever want it to do" phone, and therefore will choose another inferior phone instead, just so they don't have to face that frustration....

3g was cheaper ($199) and available in far more countries

Don't forget there was that whole "doesn't have 3G" thing that was holding so many people back from getting the 1st gen phone....

 

[pubjoe]

amazing what a swanky looking case, fluid interface and decent(ish) browser can do, or am I missing something?

Yep. It's the most usable phone I've ever owned. It has some smartphone features in a simple interface. It has, by far, the most usable web browser.

It also looks great and pictures + video look great on it. But that fluid interface is the kicker really.

 

[Eric Isaacson]

I look forward to the announcement from Apple. Looks like some very good numbers

Eric

 

[CWallace]

Take that Ballmer.

Don't worry. He's sure that Windows Mobile 7 will destroy the iPhone when it is released in 2010.

 

[Lesser Evets]

Only 10 million??

That's just sad.

 

[milo]

They're a maker of luxury goods in a recession. High margin luxury good are generally the first to get hit.

I don't agree that their products are all luxury goods. Look at the shuffle and the nano, both very competitive and affordable. Apple wouldn't be dominating the audo/video player market if they only sold luxury product, there's no question the iPod is mainstream.

And I think the stock price reflects knee-jerk reaction more than it reflects facts. Seems like it could be a great buying opportunity, the only question is what is the bottom? Buy now or wait to see if it dips a bit more.

i think this is what's keeping Apple alive. Without us fanboys they wouldn't be a worldwide company

You don't sell 150 million iPods by only selling to "fanboys". Nor have the fastest selling new high end phone probably ever.

I'm shocked people are willing to hand over so much money without really checking that it lives upto expectations and does what they want.

Or maybe DID check and it DOES live up to their expectations and do what they want? If people were just getting suckered into buying a lemon, it wouldn't be selling as fast as ever.

Only 10 million??

That's just sad.

You're kidding, right?

Sarcasm doesn't translate well in text posts.

 

[sishaw]

It really pisses me off as a shareholder that the stock is tanking. We are going to beat the 10 million estimate by a good number. I spoke with Apple Store employees over the weekend at 3 different stores in the area. They said they still sell out daily of iPhones and haven't noticed any decrease in mac sales. Keep in mind these stores were so packed I had a hard time flagging down a salesman.

Looks like a buying opportunity to me.

 

[BenRoethig]

3g was cheaper ($199) and available in far more countries

arn

And with with the release of the 2.0 firmware, its much more a handheld computer than a mere phone. I don't think Apple knew what they had at first. When you release a product that significantly better, more available, and 1/3rd the price of the initial release, they are guaranteed to sell like hotcakes. The Apple is a success because they listened to the community and adapted.

 

[ZiggyPastorius]

And with with the release of the 2.0 firmware, its much more a handheld computer than a mere phone. I don't think Apple knew what they had at first.

I agree with this completely. I mean, no, the iPhone doesn't have all those features other phones have, and there's certainly no apparently good reason for it not to have them...but the iPhone really does work and do things in the way/you would expect a computer to. I wish I still had my iPhone, but atleast I still have my iPod touch. It's really nice to be able to sit, listening to music in class while doing work...then go "Oh, crap, I forgot my graphing calculator at home..." no problem, pull out the iPod and have a scientific and graphing calculator right there. Then when I'm done with the homework, it's nice to be able to pull out a sweet racing game like Asphalt 4 that is amazingly well made, fun to play, looks great, and just have some fun before class is out. For a lot of my daily computer life, I really could abandon my laptop and just use my iPod touch. It does a lot of what I need to do, and it does it well, something I haven't been able to say for other phones, like the Centro and the Instinct.

 

[Rybold]

It really pisses me off as a shareholder that the stock is tanking. We are going to beat the 10 million estimate by a good number. I spoke with Apple Store employees over the weekend at 3 different stores in the area. They said they still sell out daily of iPhones and haven't noticed any decrease in mac sales. Keep in mind these stores were so packed I had a hard time flagging down a salesman.

I've been intesting for several decades, and I've seen this type of thing hundreds of times before. It's important to realize that as long as the fundamentals of the company are doing well, the stock price will eventually catch up. Warren Buffet made his fortune by buying companies whose stock prices have been down, while the actual company has been doing great - then, eventually, the stock price catches up, and you make a fortune. Apple stock will definitely come back up to 200. Just be patient and remember that we invest for the long-term and Not for the short-term.

 

[rdowns]

Join the crowd. Apple's financials this month will probably set another record, but that won't matter in this terrible economy.

Probably so but the stock has been ticking up since it was down about 7 earlier today. Maybe this news helped. Only down 2 and change now.

 

[scirica]

I've been intesting for several decades, and I've seen this type of thing hundreds of times before. It's important to realize that as long as the fundamentals of the company are doing well, the stock price will eventually catch up. Warren Buffet made his fortune by buying companies whose stock prices have been down, while the actual company has been doing great - then, eventually, the stock price catches up, and you make a fortune. Apple stock will definitely come back up to 200. Just be patient and remember that we invest for the long-term and Not for the short-term.

You've been interesting?? Sorry...couldn't let that slip by...no harm intended!

I agree with most of your comment, other than the assumption that we invest for the long term and not for the short term. Each individual's time horizon for investing will be quite different, with some looking for quick hits and others looking for retirement or long-term considerations. I'm thinking you were coming from more of the "investment for retirement" perspective. Just remember to "buy on rumors, sell on news". Cheers

 

[milo]

I've been intesting for several decades, and I've seen this type of thing hundreds of times before. It's important to realize that as long as the fundamentals of the company are doing well, the stock price will eventually catch up. Warren Buffet made his fortune by buying companies whose stock prices have been down, while the actual company has been doing great - then, eventually, the stock price catches up, and you make a fortune. Apple stock will definitely come back up to 200. Just be patient and remember that we invest for the long-term and Not for the short-term.

Yep. Contrarian investing.

 

[Hooka]

ship once count twice...

I exchanged my first gen iphone in 2008, and from the looks at the "genius" bar a lot of people were exchanging theirs as well...

 

[Doctor Q]

Once upon a time it was hard to believe that Apple could establish much of a foothold in an established mobile phone market, but they've proved their case.

I don't feel as special anymore now that everyone else has an iPhone too!

 

[deputy_doofy]

...
You don't sell 150 million iPods by only selling to "fanboys". Nor have the fastest selling new high end phone probably ever.
...

Exactly. In fact, it's amazing how many Mac-haters (or Mac non-users) there are that can't line up fast enough to get the phone. I think it's great how someone can hate Mac (and its OS) and use the mobile version and love it! lol

Whereas the iPod had the "halo effect," the iPhone is the ultimate trojan horse. OS X for everybody.

 

[ChrisA]

That their stock has complete tanked even when statistics like this exist.

Stock price does NOT reflect what is happening now. The price people are willing to pay depends on what they think will happen in the future.

For example if there was a huge spike in sales today, I as an investor might think "this can't continue for long. This "spike" will be gone when I go to sell my stock.