“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:
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Email Scott Moritz: scott.moritz@thestreet.com