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

To: rnsmth who wrote (11191)	10/19/2011 8:21:24 AM
From: pyslent	Read Replies (1) \| Respond to of 32692

"Apple was well within its channel inventory goals at the end of the quarter, and, given its 4 million iPhone 4S units over last weekend has probably sold well over 6 million iPhones so far in October. " If you allow me to nitpick, Cook said they had sold half their Sept 24 channel inventory in iPhones as of Oct 17 which puts the quarter-to-date sell through at nearly 7 million, but also extrapolates the beginning-of-the-quarter channel inventory to 7 weeks (which is more than their goal). Personally, I don't have a problem with it, because even if they are the outgoing model, the units will eventually sell with the same margins as the current iPhone 4 8GB.