Analyst: Apple will sell 5 million iPhones in Q4

5 million iPhones vs. 11 million iPods – that would mean that the iPhone is already outselling the iPod in terms of revenue (which is clouded by Apple’s quirky bookkeeping on iPhone revenue). The phone business is now bigger than the music business for Apple. Who would have thought this would happen so soon?

Apple should use their cash to purchase Sun Microsystems which will allow them to grow and compete in the enterprise. This is the only way they can compete seriously with HP & Dell in the business world.

So you sell a lot of phones. Apple’s stock is tanking along with the rest of the market. So sad Appelites, but with a price earnings ratio of almost twice that of competitors and no dividend there are better investments out there.

That’s still not very Macs. With all the iPods and iPhones they sell, their Mac marketshare could be increasing a lot more than this paltry number.

Hopefully, they’ll introduce much cheaper laptops with DVD burners for the base machine. Otherwise, Apple is pathetic.

BTW, I’ve been using Macs since 1990.

Pat

haha, sorry-that wasn’t directed to you, but to the commentor, Chris from Salt Lake.

I know you know ;p

Christ, people are still trotting out the “Steve meant 2007 sales too!” whine?

People, if you don’t trust the writer, go read the past post-earnings conference calls. Oppenheimer has REPEATEDLY clarified the goal as 10 million iPhones in CALENDAR 2007. Stop trying to parse an offhand comment Jobs made at Macworld, and listen to what Apple has said since.

It is ironic the commentor blames DeWitt’s reporting for the stock’s “volatility”, when he obviously doesn’t even keep track of the company. (If he did, he’d realize the 10 million iPhones thing has been done to death)

ex ped: It’s Mr. Elmer-DeWitt to you, AAPLWatch SF. And if you read his column you would know that he is well aware that the 10 million iPhone thing has been done to death.

Apple and Steve Jobs target should be the one that they forecasted in 2007. that was the only time that they talked about a target. at that time it was 10m phone or 1% of the market at that time.
then if in 2008 the cellphone market grove it does not change apple target.
all those 12m targets have been stated by analysts and have later become the expectation. but that is incorrect.
if you analysts and journalists want to steer the pot, you are free of doing it. I know you also need to put some food on the table, but that does not mean that what you guys write is correct.

So I guess share price will be heading south again after earnings. WS was expecting 12 million iPhones this year and it probably will miss by a million or so. Lousy economy killed Apple. The stock is already in the toilet, now it’s just waiting to be flushed. RIM will sell a couple of million BlackBerrys and it’s stock will shoot up. Apple has become a fine company, but a poor investment.

I think that Apple is doing great. My brother is trying to buy the iPhone, but all NY stores have no iPhone. The device is sold out. I believe that its sells will continue to grow.

iPhones aren’t perfect. Apple must work on the improvement of this device. I awn two iPhones and I’m slightly disappointed with them.

“Apple has repeatedly expressed confidence that it would sell at least 10 million iPhones in calendar 2008.”

WRONG. Apple has repeatedly stated that they expected to sell at least 10 million iPhones BEFORE THE END of 2008. Which would include 2007 sales (1st gen model) as well.

Inaccurate reporting like this contributes to the stock’s volatility.

ex ped: Sorry, but you are wrong, Chris. This question has been repeated asked and answered. See, for example, here.

Apple sold more iPhones that they actually was planning to sell… Good for them