AT&T is saying that they activated 146,000 iPhones in the first two days. This is low compared to the 500,000 estimate that analysts were predicting. Apple’s stock is down a bit today, but you know what’s stupid? No one remembers that the internet orders for the iPhone weren’t delivered until 3-6 days later. That’s well into the next quarter. These numbers of 146k activations are just fine considering that there are 160 US Apple stores and ~1800 AT&T stores. To hit 500k activations, the stores would have had to hit an average of 255 iPhones per store, which most of the AT&T stores likely didn’t have. The majority of the buyers probably went online. Let’s all do some basic arithmetic along with our predictions, shall we? You’re analysts, and we’re the fanboys. Get it straight. [NYT]
Tech News
AT&T Earnings Call; Apple’s Stock Down Due to Wild Analyst Predictions
By
Jesus Diaz
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