Sunday, December 27, 2009, 6:27PM ET - U.S. Markets Closed.

Harsh Light Shines on iPhone, iPod Sales

Posted Feb 26, 2008 12:54pm EST by Aaron Task in Electronics

Analysts at Bernstein and Piper Jaffray are raising concerns about the pace of Apple iPhone and iPod sales, respectively. Bernstein is saying Apple may not meet its 10 million unit projections after the perplexing development of Q4 iPhone sales far exceeding activations. Meanwhile, Munster has been a major Apple bull so his concern about iPod sales is particularly concerning.

SIA's Dan Frommer says Bernstein's Toni Sacconaghi is wrong about iPhone sales and Henry argues Apple's long-term growth story remains "totally intact." Notably, Apple shares have rebounded from their early lows of $115.44, suggesting those who liked the stock at $200 really love it below $120.

86 Comments

Yahoo! Finance User
Yahoo! Finance User - Tuesday February 26, 2008 03:07PM EST

$600 a share? Keep dreaming. Don't you guys even realize the next great depression has just begun? Food and energy prices at all time high while home prices are plunging. And the stock market is in its 7th year of bear market. When it's all said and done, we'll be paying $10 for a gallon of milk and our unemployment rate will hit 25%.

Leonard
Leonard - Tuesday February 26, 2008 03:21PM EST

bought my first ipod ever. the itouch. nice device, works easy enough but... hate everything else, hate that you can only use Itunes, hate that you cant just drop in music files directly from my computer, hate that I have to load songs into itunes first, hate that I cant use both of my computers to update the music file, I have to only use one computer, maybe there is a way, but guess what, the itouch doesnt come with any instructions, not even how to turn it on. Since I never had an ipod or used itunes it took me forever to figure out how to even sync it with itunes..I almost gave up and was going to just return it. After I saw all the limitation that described above, I wish I did. Even though my old mp3 player had no features and didnt have that much memory, at least I could do what I wanted and didnt get all of Apples applications shoved down my throat oh yeah, it also came with instructions. you may think I'm some old fart, nope, I'm 34 and a web developer and I will never buy another ipod or any other Apple ever again. Oh yeah, ever hear about Microsoft and Antitrust.

Janis
Janis - Tuesday February 26, 2008 03:23PM EST

I know it's news when Apple (which was written off a few years ago) doesn't "blow away" estimates or when Goggle doesn't have it's regular 50% jump in revenues - we should all be so lucky. When you're hot you're hot.

Fred
Fred - Tuesday February 26, 2008 03:26PM EST

iPhones and iPods are a meager, fractional, just plain small slice of the revenue picture for Apple. To reduce the market cap of this thriving business by 40% over the last few weeks is idiotic. Check the Mac sales - that's where the growth, market potential, market share possibilities, and revenue is all coming from.

Yahoo! Finance User
Yahoo! Finance User - Tuesday February 26, 2008 03:28PM EST

^ please kill yourself

Yahoo! Finance User
Yahoo! Finance User - Tuesday February 26, 2008 03:37PM EST

Right, lemme' get this straight. There are two guys seating and BS'ing about Apple and they are both sitting in front of Apple laptop computers! Why, I'd believe anything they say! Just like the dummy who thinks Apple stock is headed for $600.00 a share. P.T.Barnum was right! There's a sucker(read that as "fool") born every minute!

kerry b
kerry b - Tuesday February 26, 2008 03:40PM EST

Apple has played their customers as suckers for years - any other company making their net profit margins would be considered a pirate enterprise. No one but the faithful Apple customers would not complain about being ripped of and their freedom of choice o restricted. Pay the company store folks. And like it, even if their crappy ipod can't get FM reception.

nick
nick - Tuesday February 26, 2008 03:42PM EST

other mp3 players an phone offer the same features as the iphone for 1/2 the price i thing the hole ipod and iphone is a fade and if people would shope around they would find better deals for both. I would have to say that apple has done a great job of advertising for there products.

- Tuesday February 26, 2008 03:42PM EST

i just bought the iphone, it is a great item however it does NOT work very well with MSN Outlook and you have to go through many hoops to get gmail forwarding. This is a huge disadvantage and wager to say MSN will come up with their own iphone lookalike....I love this phone but not the headaches that come with it. ATT does a poor job in educating the iphone buyer and the directions inside the phone are poorly written and leave much out. Apple Tech Support even agree and have to walk you through the starting process.

J
J - Tuesday February 26, 2008 03:42PM EST

Agghhh these guys are paid by some hedgie to tak about short term weakness as that lends itself toward their positions. The whole market is rigged.

victor
victor - Tuesday February 26, 2008 03:52PM EST

my daughter has just brought an iphone to israel (someone brought it from the states) we discovered that the hottest industry at the moment in tel-aviv electronics firms is opening up these phones. now it works with hebrew and it's brilliant, its connectivity to wifi networks is rapid and the touch screen apple-stuff is great. i don't need any of this myself, i need e-mail connectivity to office and i haven't tested the iphone for that yet. having said that it looks like the in-thing for young people to have.

AnthonyB
AnthonyB - Tuesday February 26, 2008 03:54PM EST

where was apple before the ipod????? they were nothing in the industry. they make a good mp3 player, and thats it.

AnthonyB
AnthonyB - Tuesday February 26, 2008 03:54PM EST

where was apple before the ipod????? they were nothing in the industry. they make a good mp3 player, and thats it.

OnL
OnL - Tuesday February 26, 2008 04:02PM EST

One word - RECESSION. What kind of idiot would spend $650 on a 2 gig. upgrade on their iMac? That's the price Apple charges on their website. Yeah- I am not lying, it's on their site. For that price, I can get a decent Windows PC with the 2 gig. upgrade($50 Newegg). The price premium isn't what it use to be when everone is poor. Of course, if the Recession is a lied made up by Democrats(Core Apple users) to just get one elected in November, then that's another story.

Colin
Colin - Tuesday February 26, 2008 04:04PM EST

I think it is funny they are talking about this with Apple Macbook Pros in front of them. Everyone overlooks that their computer sales are growing like crazy.

Colin
Colin - Tuesday February 26, 2008 04:04PM EST

I think it is funny they are talking about this with Apple Macbook Pros in front of them. Everyone overlooks that their computer sales are growing like crazy.

larry
larry - Tuesday February 26, 2008 04:14PM EST

If you are an investor stop listening to these idiots on line. Go to an apple store , look around, they are MOBBED! These stores were built during the last recession 2000-2001. These idiots said apple was crazy to build retail outlets..."look at Gateway, it will never work, Jobs is crazy...etc..." What emotional investors want is Jobs to speak....they want to hear contracts in China, Japan, Brazil, Chili, , Korea, Austrailia, Norway, India, Saudi Arabia, Egypt, Israel, Russia, Poland, Sweden, my there are a lot of countries on this planet who DONT have iphones yet. Second generation, third generation, iphone extreme, imac extreme, icar, .....I would sell your Apple stock if you dont own a mac. Do you own research , I have since 1992. lkmd

Tony K
Tony K - Tuesday February 26, 2008 04:22PM EST

Munster is to Apple as Blodget is to Yahoo. Short both.

Yahoo! Finance User
Yahoo! Finance User - Tuesday February 26, 2008 04:23PM EST

Some of us, although it may be a small contingency, won't get an iphone until our current contract with another provider ends. I hope to get an iphone this year, but I am not going to pay for two providers or forfeit my current contract at a huge penalty cost. I was disappointed somewhat that Apple signed a two year contract with only one provider. There is nothing like an APPLE and more and more people are buying apple computers. I have owned an apple since the first 128 k. I've tried windows and have virtual type windows, but I find navigating that software much more confusing than apple software and products.

Pablo
Pablo - Tuesday February 26, 2008 04:24PM EST

Great company, and the stock is now selling at a great price... their products are fantastic (all of them!)... This is a screaming buy at $120... Once the iPhone comes out with G3 and an exchange synch tool, they will sell gazillions of them and blow the doors off of RIM, MOT, and the ever so weak PALM... this is such a screaming buy just based on Mac sales ramping up (even with weak ipod sales). Itunes, iPhone, AppleTV, etc., are all gravy... This tock will hit 200 by 2009!

Yahoo! reserves the right to refuse, or remove any comment that does not comply with the Yahoo! Terms of Service. The submission of spam, hateful, or obscene messages may result in the termination of your Yahoo! ID.
About Tech Ticker - Send FeedbackDisclaimer. Copyright © 2007 Yahoo! Inc. All rights reserved.
Copyright/IP Policy - Terms of Service - Privacy Policy - Help
Quotes delayed, except where indicated otherwise. Delay times are 15 mins for NASDAQ, NYSE and Amex. See also delay times for other exchanges.

Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes for NASDAQ, NYSE and Amex. See also delay times for other exchanges. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. Fundamental company data provided by Capital IQ. Financials data provided by Edgar Online. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and Morningstar Index data provided by Morningstar, Inc. Analyst estimates data provided by Thomson Financial Network. All data provided by Thomson Financial Network is based solely upon research information provided by third party analysts. Yahoo! has not reviewed, and in no way endorses the validity of such data. Yahoo! and ThomsonFN shall not be liable for any actions taken in reliance thereon. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.