SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 164.53-0.4%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pyslent who wrote (76022)4/1/2008 4:42:51 PM
From: ggamer  Read Replies (1) of 197214
 
Apple Stores Out of iPhones, Piper Says; 3G Soon?...

(form Apple Thread, not sure if this is an article)

April 1, 2008, 4:26 pm

Posted by Eric Savitz

Will Apple (AAPL) surprise everyone with an earlier-than-expected debut of the next generation iPhone?

Piper Jaffray’s Gene Munster raised that possibility today. He writes in a research note that calls today to 20 Apple retail stores nationwide found none of them had iPhones in stock. He also notes the lead time for phones ordered on Apple.com stands at 5-7 days.

Munster figures there is an 80% chance that a new iPhone is coming earlier than expected; he sees a 20% chance that there is a production or manufacturing issue with the phone.

If a new version is coming, Munster contends, it will likely be a 3G phone at the current $400 price point. “We do not expect a radical form factor change and see the new version as looking similar to the existing iPhone,” he writes.

Meanwhile, Merril Lynch last night reinstated coverage of Apple; new Merrill Lynch hardware analyst Jeff Fidacaro rates the stock a Buy, with a $180 price target. “We remain positive on Apple’s growth potential given its opportunity to gain market share in large addressable markets, especially in the PC and mobile handset markets,” he wrote.

Apple today jumped $6.03, or 4.2%, to $149.53.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext