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I JUST FOUND THIS ONLINE AND THOUGHT IT PROVES THAT AT&T STINKS AND THE IPHONE IS A DUD!
Print This Article | Close this window Apple falls on initial iPhone activation numbers Tue Jul 24, 2007 11:38AM EDT NEW YORK (Reuters) - Shares of Apple Inc (AAPL.O: Quote, Profile, Research) fell 4 percent on Tuesday after AT&T Inc (T.N: Quote, Profile, Research) issued initial subscriber numbers for customers of Apple's iPhone that were below analyst estimates. Shares of Apple were off $5.70 to $138.02 on Nasdaq after AT&T, the exclusive service provider for iPhone, said it signed up 146,000 iPhone customers as subscribers in the first two days of iPhone sales, well below analyst estimates for sales. Pacific Crest analyst Andy Hargreaves said that while iPhone sales figures for coming months would be more telling than the first few days, AT&T's number had disappointed investors as some analysts estimated sales "north of 500,000." Hargreaves had himself estimated 400,000 iPhone sales for the first two days, he said. "The difference (between sales and activations) is going to be what was sold on eBay or activations that didn't happen immediately. There were some problems with activations but from what we heard it was minimal," the analyst said. Apple and AT&T had attracted long lines of gadget enthusiasts to their stores when the much-hyped iPhone first went on sale in the evening of June 29. © Reuters 2006. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world. Reuters journalists are subject to the Reuters Editorial Handbook which requires fair presentation and disclosure of relevant interests.
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Apparently we will get a better picture on Wednesday when Apple releases its figures. I try not to crow too soon.
Surur
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I am not calling it a dud because the stock dropped I am calling it a dud, b/c with all of the hype they sold only 146,000 which is not much considering the hype. The biggest problem as I see it is they are tied to AT&T which is the pits! I was with AT&T and with Cingular and they both STINK! Down at the bottom of Consumer Reports along with Sprint. The selected AT&T b/c they would let apple do what ever it wanted. The should have selected verizon and used Verizon's expertise in customer service, not AT&T who treats you like CRAP! For GOD'S sake you there were so many reports of not being able to sign on with AT&T!
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PLEASE SUPPORT RESEARCH INTO FIBROMYALGIA, CHRONIC PAIN AND SPINAL INJURIES. IF YOU SUFFER FROM THESE, CONSIDER JOINING OR BETTER YET FORMING A SUPPORT GROUP. NO ONE SHOULD SUFFER FROM THE BURDEN OF CHRONIC PAIN, JAY M. S. FOUNDER, LEESBURG FIBROMYALGIA RESOURCES GROUP |
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But, I do agree with you on AT&T/Cingular's service. I had horrible reception and the customer service was bad. Don't get me wrong, Sprint's customer service is really hit or miss, and usually it's a miss, but at least I don't have to call in so often. |
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Are you sure this is not a case of iPhone envy? Despite of its shortcoming, it will still sell. Lots of Apple fans out there.
<moved> |
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