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Meanwhile Meester Balmer's Zune is going nowhere fast. I can see it now...the ZPhone any day now and you can talk to your XBox with it.


Yah for a company who's yearly profits topped 50 BILLION. Yah. Nowhere fast.:rolleyes: I'd love to see Apple try for 50 billion in a year's time.
 
I don't think it's good that the stock moves so quickly up and down. That magnitude of value should not be subject to the vagaries of numbers that are fundamentally unimportant.

A prescient comment on the phone call was that Apple views the iPhone business in terms of years, not months. And here we are with not days but hours of sales swinging the value of a company by 10 billion dollars.

One of the drawbacks of Apple's success this past year is the deleterious hyper-vigilance of a public that has become too aware of it. When no one cared, Apple could make mistakes without fear of a 10 billion dollar spanking, and therefore flourish. Hills and valleys didn't matter; vision and talent did.

You have to wonder if Apple can continue to be Apple with this many people watching it, this much money moving on less than a burp, and this many people reading this thread. I wonder if Apple and can be Apple with so many people cheering or mewing when the stock goes up or down by 5 points.

If AAPL went down 50 points tomorrow, that would be good. it would remove the poisonous "Mad Money" sports-like pulse-taking every time someone flushes the toilet in Cupertino.

If you zoom out and get a sense of the fundamental transformation of our society from industry to information, and identify those companies that are best positioned to drive it, you can make a lot of money. But not by examining 30 hours, 30 days, or 30 weeks.

This is all silliness. Anyone who is interested in AAPL should buy a Mac and an iPhone. If you like them, invest for 10 years. If you don't, go away. But if you do choose to stay, please don't confuse the most momentous transformation in the history of our species with a basketball game.

That's gotta be Steve himself.
 
Yah for a company who's yearly profits topped 50 BILLION. Yah. Nowhere fast.:rolleyes: I'd love to see Apple try for 50 billion in a year's time.

YAH! Apple should be a predatory monopoly for a couple of decades too!

That way they will be super cash rich and then they can spend cash on innovative products like the iPhone and iPod..

oh wait. they did. (without being monopolists.)

and that company with $50 bill in the bank.

Brown zune.

Heck of a job Balmer!
 
The problem with Zune is that its impossible to share music thru their wifi connection if you are the only one that owns one.
I used to hate macs till my gf bought an 17" macbook pro... now I love apple.
 
"That thing is the most expensive phone out there! $599 for a phone?? It wont even sell enough to break even!!"- Steve Ballmer

I really love Ballmer's depth of analisys... Real GENIUS... :cool:

:p Ballmer is a doofus with a hard on. Plain and simple.
 
Apple Did not say they sold 270,000 iphones

Please look at Apple's summary datasheet.

They sold 270,000 of "iPhone and Related Products and Services (6)", where footnote 6 reads:

"(6) Consists of iPhones and Apple-branded and third-party iPhone accessories."

Result: Probably not inconsistent with AT&T's number of activations.
 
Please look at Apple's summary datasheet.

They sold 270,000 of "iPhone and Related Products and Services (6)", where footnote 6 reads:

"(6) Consists of iPhones and Apple-branded and third-party iPhone accessories."

Result: Probably not inconsistent with AT&T's number of activations.

That line item can easily be confused ... however if you listened to the conference call (which this article references) they directly stated that they sold 270k iPhone in the first 30 hours (before quarter end) and that the unit line item doesn't include accessories.

Oh course I didn't yet see concrete confirmation of what "sold" means exactly ... for example do they count iPhones sold to the AT&T stores as a sale, or to end customers, etc. I don't think Apple "sells" items to Apple stores so I believe a "sale" via an Apple retail store in only counted when they sell to the end customer.

(note the pod cast I linked about doesn't yet have Q3 posted so... http://www.apple.com/quicktime/qtv/earningsq307/)
 
Yah for a company who's yearly profits topped 50 BILLION. Yah. Nowhere fast.:rolleyes: I'd love to see Apple try for 50 billion in a year's time.
50 billion in which currency? In US dollars, their annual profit is about 14 billion. It is not small by any means, but I think you need to chill out a bit more.
 
while an exageration he does have a point. $500-$600 is WELL outside the spending range for most average people. If this was a laptop sure. Buts its a damn phone at the end of the day.

No, it's not "a damn phone at the end of the day." It's really a scaled back laptop that makes phone calls and emulates the functionality of an iPod.
 
The problem with Zune is that its impossible to share music thru their wifi connection if you are the only one that owns one.

I'm sorry to correct you, but the Correct definition from the Ballmer's dictionary (TM) is "SQUIRTING songs"...

So, your phrase should be reformed: "The problem with Zune is that its impossible SQUIRT SONGS if you are the only one that owns one."

Great Steve Ballmer... A squirt? Anyone? :)
 
Quick Revenue Calculations

They also said that most of the 5 million they are counting was from accessories - meaning that they are counting it over 24 months, apparently in 'days' - so that is only probably 2 days out of 730...

If apple sold 270,000 units at an average price of $550 per unit, that would be $148.5M in total anticipated revenue over two years. If that was recognized in days then each day would get $203K (148.5M/730 days) for a total of $406K in revenue recognition for June 29th and 30th.

The other $4.6M would be in accessories which would be recognized right away. That would line up with what Apple stated in the conference call.
 
270k... much much better than the original 146k claimed by ATT. ANd this is only the first 30 hours!! Very exciting. Go Apple!
 
Enjoy your high flying stock now. When Apple explicitly guides for EPS greater than 20% below analyst expectations for the next quarter, you need to seriously wonder what's going on. Companies DO NOT like to lower guidance, ever, unless is absolutely necessary. (If you think that Apple is deliberately trying to lower expectations, just to crush estimates again, think again.) Wall Street doesn't typically like earnings surprises, and this will be no exception.

Apple is clearly expecting something to slow down, be it iPod sales, or slower iPhone growth than was originally anticipated (remember, we're already a month into the next quarter and the iPhone has yet to debut outside the US).

And BTW, something else that concerns me is that 270,000 includes all phones initially delivered to stores and ordered online during those first 30 hours. Many ATT stores and Apple stores didn't sell out until Sunday, which means that 270K might be a significantly large % of total opening weekend numbers. And after the first week or two, sales would have steadily trailed off, once the buzz wore off. Already people are concerned that Apple might need to restart the hype machine to get more people into ATT stores. So 350K-400K over the first couple of weeks is great, but they'd need to average 200K per month for the next three months to hit their target of 1,000,000 for the 4th quarter, which is not as simple as you might imagine. My only guess is that they're moments away from launching overseas; otherwise, that figure is impossible to reach. Remember, 200K is greater than any phone opening for ATT ever; Apple would need to do that 3 months IN A ROW to hit that target. Again, not possible unless they go abroad.

Apple MUST have a second phone up their sleeve to hit 10 million by 2008. I actually wonder if they have more than one. Because at this price point, they won't hit 5 million by the end of 2008.
 
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