Wednesday, February 27, 2008

Harsh Light Shines on iPhone, iPod Sales

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.©yahoo

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