Re: W.R. Hambrecht reiterates 'Buy" on Apple, ups target price was Ron wrote:
> On Thu, 24 Jan 2008 06:09:20 -0800, SMS <scharf.steven@geemail.com>
> wrote:
>
>> 4phun wrote:
>>
>>> In a note to clients today, Kather advises using Apple current drop in
>>> price "to patiently accumulate shares" ahead of new products,
>>> including the 3G iPhone expected in May-June 2008.
>> Since the 3G iPhone has already been announced,
>
>
> Well thats totally bogus. It's been rumored, but hardly announced.
>
> Provide a url of any announcement from Apple mentioning a 3G iPhone
> if you can.
The announcement came from AT&T, not Apple. Apple hasn't confirmed what
AT&T has announced.
"http://www.theglobeandmail.com/servlet/story/LAC.20080123.RAPPLE23/TPStory/Business"
"Randall Stephenson, chief executive at AT&T - the sole U.S. iPhone
carrier - remarked late last year that an iPhone capable of accessing 3G
networks - which provide better access to the Internet on mobile devices
- would arrive in 2008. However, Apple has yet to make any definitive
announcements regarding an upgraded iPhone."
Not 'might be coming,' not 'is rumored to be a new product," but "_would
arrive in 2008_."
It makes sense that AT&T, anxious to prevent churn to its 3G competitors
would make an announcement like this, while Apple, anxious to prevent
Osborning (STFW, young people) of the current model, doesn't want to say
anything. Of course most of the early U.S. iPhone buyers probably can't
even spell 3G, while in Europe the lack of 3G is a very big issue.
Does _anyone_ think that a 3G iPhone is not going to be available in 2008? |