“The jury is still out on whether Apple Inc.’s iPhone will be a commercial success, Verizon Wireless’ General Counsel Steve Zipperstein said Wednesday,” Dow Jones reports. “Testifying before a House Telecommunications Subcommittee hearing into the future of the wireless industry, Zipperstein acknowledged that the company was approached by Apple before AT&T Inc. was about being the exclusive supplier of phone service for the new device. ‘We didn’t view it as the right opportunity for us at that time,’ he said.”
“Zipperstein said that it was too early to tell whether the iPhone would ultimately be a success in the market,” Dow Jones reports.
“‘Despite the hype about the iPhone in the media over the last couple of weeks, the product has only been available for the last 10 days,’ said Zipperstein. ‘The jury is still out and we will have to see how the market reacts.’ According to reports, nearly 1 million iPhones have been sold in its first 10 days. Apple has set a public target of selling 10 million devices by the end of the year,” Dow Jones reports.
MacDailyNews Note: Apple has set a public target of selling 10 million iPhones by the end of 2008, not by the end of this year. Apple has not reported any iPhone unit sales figures to date.
Full article here.
[Thanks to MacDailyNews Readers “Dion” and “Mike in Helsinki” for the heads up.]
Must be OJ’s jury.
Amazing how hard it is to actually get facts right. They wrote:
” “According to reports, nearly 1 million iPhones have been sold in its first 10 days. Apple has set a public target of selling 10 million devices by the end of the year.””
Um, no, by the end of 2008 is the target for 10 million.
er… I think it was 10 million devices by the end of 2008, actually
I thought the 10 million was the target for the end of 2008.
Not true, the 10 million mark should’ve been reached in 2008. These guys can’t even read…
In other news, we ask Ralph Bakshi if he thinks Ratatouille will be an animated hit…
When will Apple release first figures on iPhone’s success? I’d suggest some guys will be very unhappy then (Redmond someone?
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Comment from: Moo
Amazing how hard it is to actually get facts right. They wrote:
” “According to reports, nearly 1 million iPhones have been sold in its first 10 days. Apple has set a public target of selling 10 million devices by the end of the year.””
Um, no, by the end of 2008 is the target for 10 million.
Jul 11, 07 – 02:30 pmComment from: Bert
er… I think it was 10 million devices by the end of 2008, actually
Jul 11, 07 – 02:30 pmComment from: tuskenjedi
I thought the 10 million was the target for the end of 2008.
Jul 11, 07 – 02:31 pmComment from: tilv
Not true, the 10 million mark should’ve been reached in 2008. These guys can’t even read…
Jinx!!!
any bets on the 10 million mark being reached within 1 year of the launch date? Never mind the END of 2008
I’d bet that if Apple sells 10 million by the end of this year, Verizon execs will still try to claim it isn’t successful.
I’d love to be one of the 10 million…. <sigh>
me thinks 10 million by January is actually not impossible.
Think of the X-mass season…
What do you think is going to be on the wish list of every teenager in the US?
“Jury still out on Apple iPhone success”
yeah, they’re out playing with their iPhones….
Yes, the jury is still out, but 11 of the 12 we seen smiling and nodding to each other as they went into the jury room. Attorneys on both sides expect a verdict very soon.
The article’s been corrected
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It’s still too early to tell whether or not the filet mignon I had for lunch yesterday was any good. And the jury is still out on whether I enjoyed having sex with that bikini model afterwards.
In other words, Verizon f*cked up.
Behind closed doors…weeping and knashing of teeth for Verizon execs.
I wonder when will be the time if now is not the time, for Verizon execs…if I am asking that, then surely Verizon shareholders should be asking that.
OOps.. now it hasn’t.. but the author did email me and say he’d corrected it. Maybe it takes awhile for the amended piece to appear.
Success is a frame of mind.
What jury? Where?
EX-VERIZON EXEC NOW SEEKING JOB SELLING SHOES SAYS JURY STILL OUT ON iPHONE SUCCESS
Verizon is worried about the jury, when they had the opportunity to be the Judge, your honor.
MDN…do I really need to see that greasy looking gut on that guy getting out of the shower?? Ugh!
“And the jury is also still out on the firing of Verizon CEO before end of this year for missing a golden opportunity”
Apple Exec.
Like the DECCA guy who turned down the Beatles.
Thiss decision to reject the group is considered to be one of the biggest mistakes in their history.
I still think that Apple will sell well over 500 iPhones by the end of 2008.