“Apple’s iPhone missed a 1 million unit sales target and rivals are rejoicing,” Scott Moritz “reports” for TheStreet.com in an article headlined “iPhone Misses Sales Mark.”
“While the much-hyped phone helped AT&T take a big bite out of its competitors’ business, industry observers say effects are far from deadly,” Moritz “reports.” “Analysts estimate somewhere between 200,000 and 700,000 iPhones have been sold since the debut blitz started Friday evening.”
MacDailyNews Take: We would like to take this moment to point out analysts’ consensus estimates have routinely been underestimating Apple’s quarterly earnings for years, not to mention that, not too many years ago, most analysts estimated that Apple would be dead by now.
Moritz continues with his “report,” writing, “The sales goal — or so-called whisper number — both internally at Apple and on Wall Street was a nice round 1 million phones. Missing this hugely ambitious target is hardly a failure, but competitors in the wireless sector are certainly breathing a little easier.”
MacDailyNews Note: Apple has not released iPhone unit sales numbers.
Full article, Think Before You Click™, here.
In one fell swoop, Scott Mortiz makes Perez Hilton look like Edward R. Murrow.
Moritz pulls numbers out of his arse until he hits one that’s higher than one pulled out of somebody else’s collective arse and then Scotty squats down to expel his daily column.
If this is an example of the lengths they have to go to make iPhone look like a “failure,” then Apple’s poised to dominate this market, too.
Contacts:
General Feedback, The Street.com: http://apps.thestreet.com/cms/tsc/feedback.do
Email Scott Moritz: scott.moritz@thestreet.com
What an idiot. He must be trying to short the stock or something.
Go to street.com and tell Moritz he is an idiot and irresponsible.
Moritz is a tool.
Who is this asshole and who appointed him an expert?
Apple (Jobs) publicly stated that he would like to have 1% of the cell phone market at the end of 2008. Not once did Jobs state an opening weekend goal. So, this writer’s conjecture and headline are nothing more than to draw readers in so that advertising revenue can be paid to his employer.
iPhone is the fastest selling gadget ever. Wait for the numbers and tou’ll see.
The only sales goal Apple has publicly announced is that it wants to sell 10 million iPhones by the end of 2008. Where in the world does this jerk-off get off by saying that Apple missed any of their sales marks?? And besides, Apple hasn’t even stated how many iPhones they sold this weekend! For all we know, they MAY have sold 1 million iPhones!
Dr. iPhone competition,
Please believe Mr. Moritz’ ridiculous announcement and feel free to continue resting on your artificially successful laurels. Please continue to believe that the iPhone is not a threat. Please breathe easily following all future comments like these as well.
Ok, now Apple needs to sell a million in 3 days before it’s considered a hit?
F.U.D.
Since the iPhone has nearly sold out across the country I would be suprised if there were much more than a million even available at launch.
Has any cellphone ever come even close to that number in one weekend. What did the Blackberry curve do in its opening??
Give me a break, if it did 500K that is gigantic! If my math is correct based on the required two year plan that works out to almost 1Bil dollars for those intial rollout… wow this guy is an idiot.
What an idiot.
Apple sold out. It doesn’t at all prove that there weren’t a Million customers “We now know that demand was less than a million,” says Entner.”
All it means ( even if you buy the internal whisper number line) is that there weren’t a million customers ready to wait in 12 hour lines or camp out over night to buy the phone. Or that the allocation kept it out of customers hands in many areas of the country.
What foolishness
The Freak just bought an iPhone at lunch today.
Somehow I feel even more twisted than before.
The market obviously disagrees with him as Apple stock has surged higher. Something out there has them believing that the iPhone and Apple are on the right track.
Two words: Moe. Ron.
he is just stupid paid by “SOMEONE”
He’s reporting on yesterday’s news. Today something else is going on.
If Apple announces that it did hit the one million “whisper number,” then this moron would probably write another article saying Apple “failed” to hit the “super-insider whisper number” of two million units. Whatever the real number is for Friday evening through Sunday, I doubt that the Apple and AT&T stores could have sold too many more iPhone than they did sell.
@Dave Mac
ATT said they sold in one weekend what they did for a month for their most successful phones
Hmmm…
How could people in the know have been whispering about a million phones when there weren’t a million phones to sell? It seems that everyone was out of phones by late Monday. So… if there were less than a million sold, there were less than a million available.
It’s been out 5 freakin’ days and hasn’t sold a million yet?? What a failure. lol
” width=”19″ height=”19″ alt=”smile” style=”border:0;” />
I’d like to see the new ZunePhone and see how many it will sell in the first week.
iPhone fails to raise dead, Stock plummets.
Details at 5
puh-lease
Yeah, this is the first I’ve heard of this Million unit sales goal for the opening weekend. That’s just unbelievably ridiculous. These guys are really scraping the bottom of the barrel to find criticism. I can guarantee that if Apple had sold a million, this guy would be writing that 5 million was the secret number.
to borrow an old cold war phrase, all apple is doing now is seeing how many times it can make the rubble bounce.
mw: death – no kidding!