Apple begins ‘iPhone’ production

“Apple Computer continues to say nothing about its cell phone plans, but news about the much discussed iPhone continues to leak. This morning, Prudential’s Jesse Tortora asserted that ‘the production ramp has already begun’ in small quantities for an Apple slim phone to be available for sale late in the first quarter of next year, or early in the second quarter. Tortora expects a smartphone to follow 1-2 quarters later, ‘likely’ in the third quarter,” Eric Savitz (Barron’s) reports for Seeking Alpha.

“He also expects Apple to produce a music phone and a wide-screen iPod. In fact, he believes Apple is planning volume production of a widescreen iPod for the calendar first quarter of 2007, with an introduction late in the first quarter or early in the second quarter,” Savitz reports.

Savitz reports, “Tortora says he expects Apple to sell 7 million iPhones in calendar 2007 and 15 million in 2008, contributing 8 cents a share to earnings in fiscal 2007 and 29 cents in fiscal 2008.”

More details in the full article here.

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23 Comments

  1. I can see the new line now.

    Dateline, April,1, 2007

    Steve Jobs takes the stage to talk about the existance of the long delayed, often rumered Apple, iPhone.

    — there is a hush as he takes the mike.—

    “April Fool!!!”

    ” width=”19″ height=”19″ alt=”grin” style=”border:0;” />
    N.

  2. Admittedly, this whole thing will put Apple in a very, very tough spot if there is no iPhone.

    That’s the down side of such insistant rumors. Esp. ones of a product of this magnitude.

    Hmmm….maybe the Evil Empire at M$ is behind it, it’s a set up, to watch Apple not meet expectations and generate negative press and a stock drop in price.

    To which I say–BUY MORE STOCK WHILE IT’s DOWN!

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