Tuesday, June 26, 2007

Apple IPhone, on Sale This Week, May Set Investors Up for Disappointment

(Bloomberg) -- Apple Inc., whose market value passed
$100 billion in May as euphoria mounted over its iPhone, may be
facing investor expectations that are too high.

Apple may sell as many as 200,000 iPhones in the product's
first two days on the market this week and as many as 3 million
in the second half of the year, according to the most optimistic
analyst estimates. Apple, in its only public forecast, says it
plans to sell 10 million next year.


Read more at Bloomberg Exclusive News

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