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.
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Drop in Production of iPhones?
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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.
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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?
rockstarjoe
macrumors 6502a
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. 🙄
Which suggests to me some kind of upcoming design or technical amendment. Perhaps a 3G variant for Europe?
whooleytoo
macrumors 604
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
macrumors G5
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?)
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
macrumors G5
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."
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
macrumors G3
yep. looking at the longterm moves apple is making, AAPL at $130 is a bargain. hell AAPL at $250 is a bargain.
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
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
macrumors 6502a
Oh yeah
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.
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.
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.
If this is their way of accomplishing it, with pretty good result today looking at the stock, the SEC should investigate those tactics.
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.
Apple to 225 before the year is out.
nagromme
macrumors G5
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
macrumors 603
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...
IJ Reilly
macrumors P6
Anything can be argued, but we get an answer to this particular argument every day in the stock market.