iPhone sales disappoint for AT&T’s earnings
While I think that it is insane that AT&T had expectations from analysts that it would sell over 500,000 iPhones over the two days that it was available at the end of its last quarter, it is still interesting to note that the number of iPhones actually provisioned was much lower — 146,000.
While it can be noted that part of it might be due to issues with AT&T and its processes for provisioning new accounts due to everyone switching over, I heard from friends of mine that bought the phone that there actually weren’t even lines in the stores after the first few hours and that switching providers was reasonable painless (besides the two year contract commitment….).
It will be interesting to see how the numbers pan out over the next few months and also if they are going to be able to continue to come up with innovative models like is necessary in the fickle cell phone market. The Apple investors for one weren’t believers as they dropped the stock price 6%…then again, maybe they were selling off to take their profits.
Check out the article from the New York Times for more info.
(published with Windows Live Writer)