Expected Apple (AAPL) iPhone 4S Initial Sales Estimates are Getting Ridiculous
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Today's Overall Ratings:
Up: 3 | Down: 6 | New: 29
Rating Summary:
45 Buy, 29 Hold, 7 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 3 | Down: 6 | New: 29
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How many iPhone 4Ss would you guess Apple (Nasdaq: AAPL) is going to sling over its debut weekend?
One million, possibly 3 million?
Try 4 million.
According to reports Friday, estimates for first-weekend sales of the device mostly range from 2 to 3 million, but one analyst from Yankee Group is looking for sales to go gangbusters in the neighborhood of 4 million units. For reference, the iPhone 4, which was a complete revamp from the iPhone 3GS, sold just 1.7 million its first weekend, with lines wrapping around the block in most cases.
Some question whether the features will be enough to drive some extreme sales numbers; many were disappointed when the iPhone 5 wasn't debuted with a sleek new body, sensational functionality, and a food processor.
But, aside from the food processor and new design, the iPhone 4S might be enough to drive sales. It's quicker, has a better camera, and reviewers are going nuts for Siri, the vocal, virtual assistant.
Needham & Company is also bullish, saying the iPhone 4S will "easily" outpace any previous launch.
The "Jobs Effect" in continuum?
With Apple shares moving over 10 percent higher this week on expected robust sales, investors are also hoping the iPhone 4S is a hit. Or else Siri is gonna have some 'splaining to do!
Apple is about 1.7 percent better Friday morning.
One million, possibly 3 million?
Try 4 million.
According to reports Friday, estimates for first-weekend sales of the device mostly range from 2 to 3 million, but one analyst from Yankee Group is looking for sales to go gangbusters in the neighborhood of 4 million units. For reference, the iPhone 4, which was a complete revamp from the iPhone 3GS, sold just 1.7 million its first weekend, with lines wrapping around the block in most cases.
Some question whether the features will be enough to drive some extreme sales numbers; many were disappointed when the iPhone 5 wasn't debuted with a sleek new body, sensational functionality, and a food processor.
But, aside from the food processor and new design, the iPhone 4S might be enough to drive sales. It's quicker, has a better camera, and reviewers are going nuts for Siri, the vocal, virtual assistant.
Needham & Company is also bullish, saying the iPhone 4S will "easily" outpace any previous launch.
The "Jobs Effect" in continuum?
With Apple shares moving over 10 percent higher this week on expected robust sales, investors are also hoping the iPhone 4S is a hit. Or else Siri is gonna have some 'splaining to do!
Apple is about 1.7 percent better Friday morning.
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