iPhone Coming June 11? (AAPL)
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Price: $308.63 +4.84%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.8%
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From 247WallSt
Is June 11, 2007 the REAL release date for the Apple (NASDAQ: AAPL) iPhone via AT&T's (NYSE: T) Cingular? CNet is reporting that June 11 is the confirmed date for this highly anticipated release. There have been speculated dates, rumors, guesses, and whatever else you want to call them for a June release date for anywhere from the 5th to the 20th of the month. There are many articles appearing online showing this date as gospel, but they are just about all pointing back to CNet (including Macworld UK).
This date coincides with the start of Apple's Worldwide Developers Conference, so this may make sense. We still don't have any hard numbers on how many phones will be available for the launch date. If this number is true it will give Apple approximately 20 days of iPhone sales for the quarter that analysts have to ad into their "older estimates." The older estimates is "..." because some on the street have added some numbers into their model for the quarter, and some have not really added the numbers into the mix until the following quarter.
We'll see if this date end up being the real deal or not. Many of these "confirmed" dates end up being as real as snake oil, so treat this date as hearsay until the companies issue a press release. Also keep in mind that any product release date can be pushed up or delayed for a myriad of reasons.
Jon C. Ogg
For more market insight go to http://www.247wallst.com/
Is June 11, 2007 the REAL release date for the Apple (NASDAQ: AAPL) iPhone via AT&T's (NYSE: T) Cingular? CNet is reporting that June 11 is the confirmed date for this highly anticipated release. There have been speculated dates, rumors, guesses, and whatever else you want to call them for a June release date for anywhere from the 5th to the 20th of the month. There are many articles appearing online showing this date as gospel, but they are just about all pointing back to CNet (including Macworld UK).
This date coincides with the start of Apple's Worldwide Developers Conference, so this may make sense. We still don't have any hard numbers on how many phones will be available for the launch date. If this number is true it will give Apple approximately 20 days of iPhone sales for the quarter that analysts have to ad into their "older estimates." The older estimates is "..." because some on the street have added some numbers into their model for the quarter, and some have not really added the numbers into the mix until the following quarter.
We'll see if this date end up being the real deal or not. Many of these "confirmed" dates end up being as real as snake oil, so treat this date as hearsay until the companies issue a press release. Also keep in mind that any product release date can be pushed up or delayed for a myriad of reasons.
Jon C. Ogg
For more market insight go to http://www.247wallst.com/
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