“In a client note, Piper Jaffray’s Gene Munster said he now expects Apple to sell 9.5 million units of the iPhone 4 before the quarter ends June 30,” AP reports. “He also raised his price target for Apple shares to $348 from $330 and reiterated an ‘Overweight’ rating on the company.”
Full article here.
[Thanks to MacDailyNews Reader “Manny S.” for the heads up.]
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Just wait until iPhone 4 is on more carries!! Bloodbath.
It’s going to be a number that Carl Sagan would have loved to enunciate repeatedly.
What does ‘Overweight’ mean?? Jobs is skinny!!!
Apple is within about $5 of its all-time closing high. It would be nice to see that MDN headline once again… Maybe tomorrow.
If you’re a shareholder, does that mean an analyst ups yours?
Know an asshole by his vernacular.
He means 9.5 million iPhones total not just iPhone 4.
As with the iPad, the only limit on sales is manufacturing capacity. Why can’t the analysts figure out what the capacity is, and stop guessing?
@Macintosh: “Just wait until iPhone 4 is on more carries!! Bloodbath.”
The only carrier limitation is in the US. I agree that’s not good, but there is huge potential for sales growth internationally (China, Japan, Europe). Bloodbath will happen regardless of when VZW is brought on board. The only question is how deep the bloodbath will be. Without VZW, bloodbath will be a mile deep. With VZW, it will be a mile and ten feet deep.
And who knows? Maybe AT&T;will actually get their shit togethHAHAHAHAHAHAHAHAHAHAHA! (I knew I couldn’t say that with a straight face.)
Damn AT&T;for slowing my iPhone 4 upgrade!!!!
… Can I still keep my “unlimited” data plan???
AT&T;or AT&T?
It’s not difficult, folks.
@MDN: I know there’s comic value in “analysts” pieces, but seriously, these *uckers know less than the average Zune owner (yes, all three of them) and I just don’t effin’ care what they think as it’s always wrong, and just like politicians, they blow with the wind, and young interns.
“Know an asshole by his vernacular.”
And know a halibut by her bicycle.
Tired of “bloodbath”.
How about blood over spill?
Exsanguination is popular with serial killers.
Yeah, let’s move on from “bloodbath” to something new. After all, it’s not a bloodbath for Apple, its employees, its shareholders, or its fans/customers – just Apple’s competition.
Nearly 10 million iPhone 4 sells in about a month (even with an unprecedented worldwide launch), that’s a bit of a bullish estimation.
MDN MW: ‘likely.’ I stand corrected then.
Just a bunch of wild accusations… Of course we need to get things started so we can crash the stock price when it comes up 50 iPhones short of 9 million.
We can’t just be amazed that it sold that many, a product that 98.9% of people haven’t even seen in person yet. That in itself is amazing and these blood sucking lawyer-like money grubbers should all be ashamed.
Pi has spoken.
He said 9.5 million by the end of June. That is one week from release date of June 24.
the WOW is now (will be then)
Yes… when you sell 600,000 + in pre-orders and probably another 400,00 another 2 weeks after that, along with 2 million iPads per month and however many iPod Touch per month…. some juicy numbers out there…
Today’s trifecta:
Apple Market Cap= 243.18B
M$ Market Cap = 230.66B
Dell Market Cap=27.40B
AT&T;or ATT?
It seems to be.
With numbers like these, Sprint has nothing to brag about. Practically embarrassing to open their trap.
348 is low.