NEWS: Apple iPhone, not yet for sale, drives stock

<http://www.stuff.co.nz/stuff/4088236a6026.html>

Apple Inc has not yet sold a single iPhone, but investors are driving
up the company's shares to record highs as they bank that the
combined telephone and media player will be a major hit.

A slew of brokerages from UBS to Piper Jaffray are raising their
targets on Apple's stock to as much as $US160 ($NZ216) - equivalent
to about 40 times its expected fiscal 2008 profit.

That's high for a stock that has traded at multiples in the low 30s
the past couple of years.

The new target multiples, coming after the stock has already risen
nearly 30 per cent since the iPhone was unveiled in January, implies
that analysts see the new gadget as a break-out product for Apple
when it is launched on June 29.

Credit Suisse analyst Robert Semple forecast the iPhone could carry a
gross margin of at least 40 per cent, higher than overall margins at
Apple, which topped 35 per cent last quarter due in part to a drop in
component prices.

Earlier this week, Semple said in a research note the device could
sell 5 million units this year and 15 million in 2008 as people
overlook the hefty price tag in favor of the promised new features.

Skeptics say the product's success is far from guaranteed, noting
concerns over the lofty $US500-$US600 price tag, lack of a keyboard,
and the fact that it is restricted to use on AT&T Corp's wireless
network.

[MORE]

--
Best regards, FAQ FOR CINGULAR WIRELESS:
John Navas <http://en.wikibooks.org/wiki/Cingular_Wireless_FAQ>

---

› See More: NEWS: Apple iPhone, not yet for sale, drives stock

On Sun, 10 Jun 2007 14:55:32 GMT, John Navas
<[email protected]> wrote:

><http://www.stuff.co.nz/stuff/4088236a6026.html>
>
> Apple Inc has not yet sold a single iPhone, but investors are driving
> up the company's shares to record highs as they bank that the
> combined telephone and media player will be a major hit.

Not at retailm but rest assured AT&T has contracted already fir a
large number.

>
> A slew of brokerages from UBS to Piper Jaffray are raising their
> targets on Apple's stock to as much as $US160 ($NZ216) - equivalent
> to about 40 times its expected fiscal 2008 profit.
>
> That's high for a stock that has traded at multiples in the low 30s
> the past couple of years.

Wrong its been steadily tising due to success of iPods, and increased
Markwt share for profitible macintosh computers.

>
> The new target multiples, coming after the stock has already risen
> nearly 30 per cent since the iPhone was unveiled in January, implies
> that analysts see the new gadget as a break-out product for Apple
> when it is launched on June 29.
>
> Credit Suisse analyst Robert Semple forecast the iPhone could carry a
> gross margin of at least 40 per cent, higher than overall margins at
> Apple, which topped 35 per cent last quarter due in part to a drop in
> component prices.
>
> Earlier this week, Semple said in a research note the device could
> sell 5 million units this year and 15 million in 2008 as people
> overlook the hefty price tag in favor of the promised new features.
>
> Skeptics say the product's success is far from guaranteed, noting
> concerns over the lofty $US500-$US600 price tag, lack of a keyboard,
> and the fact that it is restricted to use on AT&T Corp's wireless
> network.
>
> [MORE]


The iPhone must certainly has a keyboard, a creen of its touch screen.

In article <[email protected]>,
[email protected] wrote:

> On Sun, 10 Jun 2007 14:55:32 GMT, John Navas
> <[email protected]> wrote:
>
> ><http://www.stuff.co.nz/stuff/4088236a6026.html>
> >
> > Apple Inc has not yet sold a single iPhone, but investors are driving
> > up the company's shares to record highs as they bank that the
> > combined telephone and media player will be a major hit.
>
> Not at retailm but rest assured AT&T has contracted already fir a
> large number.
>
> >
> > A slew of brokerages from UBS to Piper Jaffray are raising their
> > targets on Apple's stock to as much as $US160 ($NZ216) - equivalent
> > to about 40 times its expected fiscal 2008 profit.
> >
> > That's high for a stock that has traded at multiples in the low 30s
> > the past couple of years.
>
> Wrong its been steadily tising due to success of iPods, and increased
> Markwt share for profitible macintosh computers.
>
> >
> > The new target multiples, coming after the stock has already risen
> > nearly 30 per cent since the iPhone was unveiled in January, implies
> > that analysts see the new gadget as a break-out product for Apple
> > when it is launched on June 29.
> >
> > Credit Suisse analyst Robert Semple forecast the iPhone could carry a
> > gross margin of at least 40 per cent, higher than overall margins at
> > Apple, which topped 35 per cent last quarter due in part to a drop in
> > component prices.
> >
> > Earlier this week, Semple said in a research note the device could
> > sell 5 million units this year and 15 million in 2008 as people
> > overlook the hefty price tag in favor of the promised new features.
> >
> > Skeptics say the product's success is far from guaranteed, noting
> > concerns over the lofty $US500-$US600 price tag, lack of a keyboard,
> > and the fact that it is restricted to use on AT&T Corp's wireless
> > network.
> >
> > [MORE]
>
>
> The iPhone must certainly has a keyboard, a creen of its touch screen.

I'l tell you - nerds be damned - the iPhone will kick some serious ass
despite the naysayers.

Announcement by Apple yesterday or today that third party developers
will be allowed to write programs.

My only fear is that Cingular/ATT will gouge for data services. That
will kill sales more than anything else. As long as Apple keeps them in
line with this, all will be good.

--
To reply by email, remove the word "space"

On Mon, 11 Jun 2007 19:02:17 -0700, Kurt <[email protected]> wrote
in <[email protected]>:

>Announcement by Apple yesterday or today that third party developers
>will be allowed to write programs.

Not quite -- they will only be allowed to write more limited browser
applets.

--
Best regards, FAQ FOR CINGULAR WIRELESS:
John Navas <http://en.wikibooks.org/wiki/Cingular_Wireless_FAQ>

On Mon, 11 Jun 2007 19:02:17 -0700, Kurt <[email protected]>
wrote:

>In article <[email protected]>,
> [email protected] wrote:
>
>> On Sun, 10 Jun 2007 14:55:32 GMT, John Navas
>> <[email protected]> wrote:
>>
>> ><http://www.stuff.co.nz/stuff/4088236a6026.html>
>> >
>> > Apple Inc has not yet sold a single iPhone, but investors are driving
>> > up the company's shares to record highs as they bank that the
>> > combined telephone and media player will be a major hit.
>>
>> Not at retailm but rest assured AT&T has contracted already fir a
>> large number.
>>
>> >
>> > A slew of brokerages from UBS to Piper Jaffray are raising their
>> > targets on Apple's stock to as much as $US160 ($NZ216) - equivalent
>> > to about 40 times its expected fiscal 2008 profit.
>> >
>> > That's high for a stock that has traded at multiples in the low 30s
>> > the past couple of years.
>>
>> Wrong its been steadily tising due to success of iPods, and increased
>> Markwt share for profitible macintosh computers.
>>
>> >
>> > The new target multiples, coming after the stock has already risen
>> > nearly 30 per cent since the iPhone was unveiled in January, implies
>> > that analysts see the new gadget as a break-out product for Apple
>> > when it is launched on June 29.
>> >
>> > Credit Suisse analyst Robert Semple forecast the iPhone could carry a
>> > gross margin of at least 40 per cent, higher than overall margins at
>> > Apple, which topped 35 per cent last quarter due in part to a drop in
>> > component prices.
>> >
>> > Earlier this week, Semple said in a research note the device could
>> > sell 5 million units this year and 15 million in 2008 as people
>> > overlook the hefty price tag in favor of the promised new features.
>> >
>> > Skeptics say the product's success is far from guaranteed, noting
>> > concerns over the lofty $US500-$US600 price tag, lack of a keyboard,
>> > and the fact that it is restricted to use on AT&T Corp's wireless
>> > network.
>> >
>> > [MORE]
>>
>>
>> The iPhone must certainly has a keyboard, a creen of its touch screen.
>
>I'l tell you - nerds be damned - the iPhone will kick some serious ass
>despite the naysayers.
>
>Announcement by Apple yesterday or today that third party developers
>will be allowed to write programs.

NOPE, same as PDA's: $39.99 for unlimited data.


>
>My only fear is that Cingular/ATT will gouge for data services. That
>will kill sales more than anything else. As long as Apple keeps them in
>line with this, all will be good.

On Tue, 12 Jun 2007 07:37:57 GMT, John Navas
<[email protected]> wrote:

>On Mon, 11 Jun 2007 19:02:17 -0700, Kurt <[email protected]> wrote
>in <[email protected]>:
>
>>Announcement by Apple yesterday or today that third party developers
>>will be allowed to write programs.
>
>Not quite -- they will only be allowed to write more limited browser
>applets.


Brilliant discovery John, posted only 8 hours after I posted that
fact.

As on the Apple website:

iPhone to Support Third-Party Web 2.0 Applications

When it begins shipping on June 29, the revolutionary iPhone will run
applications created with Web 2.0 Internet standards Apple today
announced that developers can create Web 2.0 applications that look
and behave just like the applications built into iPhone and that can
seamlessly access iPhone’s services. That includes making a phone
call, sending an email and displaying a location in Google Maps.
Third-party applications created using Web 2.0 standards can extend
iPhone’s capabilities without compromising its reliability or
security. [Jun 11, 2007]

On 6/10/07 12:28 PM, in article [email protected],
"[email protected]" <[email protected]> wrote:

> On Sun, 10 Jun 2007 14:55:32 GMT, John Navas
> <[email protected]> wrote:
>
>> <http://www.stuff.co.nz/stuff/4088236a6026.html>
>>
>> Apple Inc has not yet sold a single iPhone, but investors are driving
>> up the company's shares to record highs as they bank that the
>> combined telephone and media player will be a major hit.
>
> Not at retailm but rest assured AT&T has contracted already fir a
> large number.
>
>>
>> A slew of brokerages from UBS to Piper Jaffray are raising their
>> targets on Apple's stock to as much as $US160 ($NZ216) - equivalent
>> to about 40 times its expected fiscal 2008 profit.
>>
>> That's high for a stock that has traded at multiples in the low 30s
>> the past couple of years.
>
> Wrong its been steadily tising due to success of iPods, and increased
> Markwt share for profitible macintosh computers.
>
>>
>> The new target multiples, coming after the stock has already risen
>> nearly 30 per cent since the iPhone was unveiled in January, implies
>> that analysts see the new gadget as a break-out product for Apple
>> when it is launched on June 29.
>>
>> Credit Suisse analyst Robert Semple forecast the iPhone could carry a
>> gross margin of at least 40 per cent, higher than overall margins at
>> Apple, which topped 35 per cent last quarter due in part to a drop in
>> component prices.
>>
>> Earlier this week, Semple said in a research note the device could
>> sell 5 million units this year and 15 million in 2008 as people
>> overlook the hefty price tag in favor of the promised new features.
>>
>> Skeptics say the product's success is far from guaranteed, noting
>> concerns over the lofty $US500-$US600 price tag, lack of a keyboard,
>> and the fact that it is restricted to use on AT&T Corp's wireless
>> network.
>>
>> [MORE]
>
>
> The iPhone must certainly has a keyboard, a creen of its touch screen.
Does it have a *****-checker?

In article <[email protected]>,
[email protected] wrote:

> On Mon, 11 Jun 2007 19:02:17 -0700, Kurt <[email protected]>
> wrote:
>
> >In article <[email protected]>,
> > [email protected] wrote:
> >
> >> On Sun, 10 Jun 2007 14:55:32 GMT, John Navas
> >> <[email protected]> wrote:
> >>
> >> ><http://www.stuff.co.nz/stuff/4088236a6026.html>
> >> >
> >> > Apple Inc has not yet sold a single iPhone, but investors are driving
> >> > up the company's shares to record highs as they bank that the
> >> > combined telephone and media player will be a major hit.
> >>
> >> Not at retailm but rest assured AT&T has contracted already fir a
> >> large number.
> >>
> >> >
> >> > A slew of brokerages from UBS to Piper Jaffray are raising their
> >> > targets on Apple's stock to as much as $US160 ($NZ216) - equivalent
> >> > to about 40 times its expected fiscal 2008 profit.
> >> >
> >> > That's high for a stock that has traded at multiples in the low 30s
> >> > the past couple of years.
> >>
> >> Wrong its been steadily tising due to success of iPods, and increased
> >> Markwt share for profitible macintosh computers.
> >>
> >> >
> >> > The new target multiples, coming after the stock has already risen
> >> > nearly 30 per cent since the iPhone was unveiled in January, implies
> >> > that analysts see the new gadget as a break-out product for Apple
> >> > when it is launched on June 29.
> >> >
> >> > Credit Suisse analyst Robert Semple forecast the iPhone could carry a
> >> > gross margin of at least 40 per cent, higher than overall margins at
> >> > Apple, which topped 35 per cent last quarter due in part to a drop in
> >> > component prices.
> >> >
> >> > Earlier this week, Semple said in a research note the device could
> >> > sell 5 million units this year and 15 million in 2008 as people
> >> > overlook the hefty price tag in favor of the promised new features.
> >> >
> >> > Skeptics say the product's success is far from guaranteed, noting
> >> > concerns over the lofty $US500-$US600 price tag, lack of a keyboard,
> >> > and the fact that it is restricted to use on AT&T Corp's wireless
> >> > network.
> >> >
> >> > [MORE]
> >>
> >>
> >> The iPhone must certainly has a keyboard, a creen of its touch screen.
> >
> >I'l tell you - nerds be damned - the iPhone will kick some serious ass
> >despite the naysayers.
> >
> >Announcement by Apple yesterday or today that third party developers
> >will be allowed to write programs.
>
> NOPE, same as PDA's: $39.99 for unlimited data.
>
>
> >
> >My only fear is that Cingular/ATT will gouge for data services. That
> >will kill sales more than anything else. As long as Apple keeps them in
> >line with this, all will be good.

I'd like to see in line with the MediaNet $20 unlimited _ I've got that
on my Treo.

--
To reply by email, remove the word "space"

In article <[email protected]>,
John Navas <[email protected]> wrote:

> On Mon, 11 Jun 2007 19:02:17 -0700, Kurt <[email protected]> wrote
> in <[email protected]>:
>
> >Announcement by Apple yesterday or today that third party developers
> >will be allowed to write programs.
>
> Not quite -- they will only be allowed to write more limited browser
> applets.

But that's nit picking.

--
To reply by email, remove the word "space"

On Tue, 12 Jun 2007 04:06:47 -0500, [email protected] wrote in
<[email protected]>:

>On Tue, 12 Jun 2007 07:37:57 GMT, John Navas
><[email protected]> wrote:
>
>>On Mon, 11 Jun 2007 19:02:17 -0700, Kurt <[email protected]> wrote
>>in <[email protected]>:
>>
>>>Announcement by Apple yesterday or today that third party developers
>>>will be allowed to write programs.
>>
>>Not quite -- they will only be allowed to write more limited browser
>>applets.
>
>Brilliant discovery John, posted only 8 hours after I posted that
>fact.

Not that it matters, but my post was actually well before yours.

>As on the Apple website:
>
>iPhone to Support Third-Party Web 2.0 Applications
>
>When it begins shipping on June 29, the revolutionary iPhone will run
>applications created with Web 2.0 Internet standards Apple today
>announced that developers can create Web 2.0 applications that look
>and behave just like the applications built into iPhone and that can
>seamlessly access iPhone’s services. That includes making a phone
>call, sending an email and displaying a location in Google Maps.
>Third-party applications created using Web 2.0 standards can extend
>iPhone’s capabilities without compromising its reliability or
>security. [Jun 11, 2007]

"Apple Underwhelms"
<http://www.forbes.com/technology/2007/06/11/apple-developers-iphone-tech-cx_rr_0611applesoftware.html>

Jobs described the decision to allow developers to create Web-based
applications for the iPhone as a "sweet story," and used Google as an
example of a company whose products are able to succeed purely via a
Web browser.

He didn't convince the crowd. "This is almost no story," said Apple
software developer Wolf Rentzsch. "I didn't even think they could
offer us so little."

Rentzsch and most other developers wanted to be able to program
software that could be installed on the iPhone and take advantage of
its operating system. Failing that, they had hoped to be able to run
"plug-ins" in the Web-based programs they could develop for the
iPhone (see "Developers To Jobs: Give Me My iPhone").
<http://www.forbes.com/home/wireless/2007/06/07/apple-iphone-developer-tech-wireless-cx_rr_0608apple.html>

[MORE]

--
Best regards, FAQ FOR CINGULAR WIRELESS:
John Navas <http://en.wikibooks.org/wiki/Cingular_Wireless_FAQ>

Kurt wrote:

> I'l tell you - nerds be damned - the iPhone will kick some serious ass
> despite the naysayers.

Like most products, the first version has some issues and should be
avoided, but Apple will quickly be rolling out new versions that correct
the shortcomings of the original, including support for 3G.

Not every product Apple releases is successful, despite the iPod's
success. Just look at AppleTV!

> Announcement by Apple yesterday or today that third party developers
> will be allowed to write programs.

Unfortunately, this turned out not to be really true. See the CNET
story, "Apple opens iPhone to developers--kind of" at
"http://tinyurl.com/24jcsh".

> My only fear is that Cingular/ATT will gouge for data services. That
> will kill sales more than anything else. As long as Apple keeps them in
> line with this, all will be good.

It's all relative. I'm hoping that we're about to reach the situation
where DSL was a few years ago, where the RBOCs dropped the bottom out of
DSL pricing in order to increase the market penetration. In that case
they were battling against broadband cable, as well as trying to seed
the market for IPTV, but maybe with Cingular and Verizon they'll drop
the pricing before Sprint deploys WiMax.

On Tue, 12 Jun 2007 14:43:56 GMT, John Navas
<[email protected]> wrote:

>On Tue, 12 Jun 2007 04:06:47 -0500, [email protected] wrote in
><[email protected]>:
>
>>On Tue, 12 Jun 2007 07:37:57 GMT, John Navas
>><[email protected]> wrote:
>>
>>>On Mon, 11 Jun 2007 19:02:17 -0700, Kurt <[email protected]> wrote
>>>in <[email protected]>:
>>>
>>>>Announcement by Apple yesterday or today that third party developers
>>>>will be allowed to write programs.
>>>
>>>Not quite -- they will only be allowed to write more limited browser
>>>applets.
>>
>>Brilliant discovery John, posted only 8 hours after I posted that
>>fact.
>
>Not that it matters, but my post was actually well before yours.
>
No your earlier post was onlythatt 3rd party apps would exist,
My post that beat yours by 8 hours was that those apps would only be
Web 2.0 apps inside Safari.

And of course being John navas you'd NEVEr apologize for being wrong,
buts thats why people hate you.

>>As on the Apple website:
>>
>>iPhone to Support Third-Party Web 2.0 Applications
>>
>>When it begins shipping on June 29, the revolutionary iPhone will run
>>applications created with Web 2.0 Internet standards Apple today
>>announced that developers can create Web 2.0 applications that look
>>and behave just like the applications built into iPhone and that can
>>seamlessly access iPhone’s services. That includes making a phone
>>call, sending an email and displaying a location in Google Maps.
>>Third-party applications created using Web 2.0 standards can extend
>>iPhone’s capabilities without compromising its reliability or
>>security. [Jun 11, 2007]
>
>"Apple Underwhelms"
><http://www.forbes.com/technology/2007/06/11/apple-developers-iphone-tech-cx_rr_0611applesoftware.html>
>
> Jobs described the decision to allow developers to create Web-based
> applications for the iPhone as a "sweet story," and used Google as an
> example of a company whose products are able to succeed purely via a
> Web browser.
>
> He didn't convince the crowd. "This is almost no story," said Apple
> software developer Wolf Rentzsch. "I didn't even think they could
> offer us so little."
>
> Rentzsch and most other developers wanted to be able to program
> software that could be installed on the iPhone and take advantage of
> its operating system. Failing that, they had hoped to be able to run
> "plug-ins" in the Web-based programs they could develop for the
> iPhone (see "Developers To Jobs: Give Me My iPhone").
><http://www.forbes.com/home/wireless/2007/06/07/apple-iphone-developer-tech-wireless-cx_rr_0608apple.html>
>
> [MORE]

On Tue, 12 Jun 2007 07:36:49 -0500, George Kerby
<[email protected]> wrote:

>
>
>
>On 6/10/07 12:28 PM, in article [email protected],
>"[email protected]" <[email protected]> wrote:
>
>> On Sun, 10 Jun 2007 14:55:32 GMT, John Navas
>> <[email protected]> wrote:
>>
>>> <http://www.stuff.co.nz/stuff/4088236a6026.html>
>>>
>>> Apple Inc has not yet sold a single iPhone, but investors are driving
>>> up the company's shares to record highs as they bank that the
>>> combined telephone and media player will be a major hit.
>>
>> Not at retailm but rest assured AT&T has contracted already fir a
>> large number.
>>
>>>
>>> A slew of brokerages from UBS to Piper Jaffray are raising their
>>> targets on Apple's stock to as much as $US160 ($NZ216) - equivalent
>>> to about 40 times its expected fiscal 2008 profit.
>>>
>>> That's high for a stock that has traded at multiples in the low 30s
>>> the past couple of years.
>>
>> Wrong its been steadily tising due to success of iPods, and increased
>> Markwt share for profitible macintosh computers.
>>
>>>
>>> The new target multiples, coming after the stock has already risen
>>> nearly 30 per cent since the iPhone was unveiled in January, implies
>>> that analysts see the new gadget as a break-out product for Apple
>>> when it is launched on June 29.
>>>
>>> Credit Suisse analyst Robert Semple forecast the iPhone could carry a
>>> gross margin of at least 40 per cent, higher than overall margins at
>>> Apple, which topped 35 per cent last quarter due in part to a drop in
>>> component prices.
>>>
>>> Earlier this week, Semple said in a research note the device could
>>> sell 5 million units this year and 15 million in 2008 as people
>>> overlook the hefty price tag in favor of the promised new features.
>>>
>>> Skeptics say the product's success is far from guaranteed, noting
>>> concerns over the lofty $US500-$US600 price tag, lack of a keyboard,
>>> and the fact that it is restricted to use on AT&T Corp's wireless
>>> network.
>>>
>>> [MORE]
>>
>>
>> The iPhone must certainly has a keyboard, a creen of its touch screen.
>Does it have a *****-checker?

When you use Google's Web based apps, it sure will.

In article <[email protected]>,
SMS <[email protected]> wrote:

> Kurt wrote:
>
> > I'l tell you - nerds be damned - the iPhone will kick some serious ass
> > despite the naysayers.
>
> Like most products, the first version has some issues and should be
> avoided, but Apple will quickly be rolling out new versions that correct
> the shortcomings of the original, including support for 3G.
>
> Not every product Apple releases is successful, despite the iPod's
> success. Just look at AppleTV!
It's also not for everyone. I love Mac products, but I don't need one.

The iPhone is an elegant way to give the ordinary person a phone with
web and music. Apple knows how to make a great intuitive user interface
- something all the current phone makers fall flat on their faces with.

>
> > Announcement by Apple yesterday or today that third party developers
> > will be allowed to write programs.
>
> Unfortunately, this turned out not to be really true. See the CNET
> story, "Apple opens iPhone to developers--kind of" at
> "http://tinyurl.com/24jcsh".


>
> > My only fear is that Cingular/ATT will gouge for data services. That
> > will kill sales more than anything else. As long as Apple keeps them in
> > line with this, all will be good.
>
> It's all relative. I'm hoping that we're about to reach the situation
> where DSL was a few years ago, where the RBOCs dropped the bottom out of
> DSL pricing in order to increase the market penetration. In that case
> they were battling against broadband cable, as well as trying to seed
> the market for IPTV, but maybe with Cingular and Verizon they'll drop
> the pricing before Sprint deploys WiMax.

Anything to level the playing field. $40 is still too much for data -
especially when you're paying for airtime to access that data.

--
To reply by email, remove the word "space"

On Tue, 12 Jun 2007 14:00:33 -0700, Kurt <[email protected]> wrote
in <[email protected]>:

>Anything to level the playing field. $40 is still too much for data -
>especially when you're paying for airtime to access that data.

You're _not_ paying for airtime to access that data.

--
Best regards, FAQ FOR CINGULAR WIRELESS:
John Navas <http://en.wikibooks.org/wiki/Cingular_Wireless_FAQ>