Friday 19 January 2007

Apple's iPhone has Wall Street chattering

By Elinor Mills, January 17, 2007

Apple sold 21 million iPods during its first quarter, but financial analysts asked almost as many questions of Apple executives Wednesday about a product that won't ship until June.
Executives didn't have any new revelations about Apple's iPhone after CEO Steve Jobs unveiled it last week at Macworld. The company held a conference call Wednesday afternoon to discuss its first-quarter results, which exceeded expectations by a large margin.
Apple's iPhone is essentially a widescreen video iPod that makes phone calls and can browse the Web, and the company plans to ship it in June for Cingular's cellular network. One of the more persistent questions about the iPhone has been Apple's decision to use Cingular's ... more

No comments: