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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: slacker711 who wrote (75758)6/18/2008 1:45:54 AM
From: pyslent  Respond to of 213177
 
This paragraph from Gizmodo makes it sound like people upgrading from a 2G iPhone will get the subsidized price. </ki>

Oh, I didn't catch that iPhone users will get special treatment. Makes sense, since AT&T never gave them a subsidy anyway, so there's nothing to "recoup."



To: slacker711 who wrote (75758)6/18/2008 7:14:49 AM
From: slacker711  Read Replies (1) | Respond to of 213177
 
Morgan Stanley says Apple's iPhone sales may double in '09

biz.yahoo.com

Wednesday June 18, 4:19 am ET

(Reuters) - Morgan Stanley raised its price target on Apple Inc (NasdaqGS:AAPL - News) shares to $210 from $185, saying it expects the company's iPhone unit sales to double in 2009 at the new $199 price point.

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"We believe the market generally expects a doubling of iPhone units with the lower price point ($199) and we believe this is realistic, if not conservative," the investment bank said in a note.

Morgan Stanley expects 27 million iPhones to be sold in calendar year 2009 with an average revenue of $550 per unit.

The investment bank said Apple's operating leverage remains understated and the mass market price and distribution of the new 3G iPhone will be a key driver of higher margin software and service revenues over time.

Shares of Apple closed at $181.43 Tuesday on Nasdaq.

(Reporting by Ratul Ray Chaudhuri in Bangalore; Editing by Vinu Pilakkott)