Re: W.R. Hambrecht reiterates 'Buy" on Apple, ups target price was

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, it's already been
factored into the current price, though the slow sales in Europe are
partially due to the lack of 3G. The main reason for the drop in the
stock price is lower-than-expected iPhone sales, and slowing iPod sales.

"http://www.macworld.co.uk/ipod-itunes/news/index.cfm?newsid=20240"

What's needed is a product in a new category, or a major feature
enhancement.

Some ideas:

-Add voice-dialing to the iPhone. As more states and countries pass laws
prohibiting handheld use of phones while driving, the iPhone is at a big
disadvantage since you now have to hold it in order to enter a phone
number, and this will be illegal (in California and Washington later
this year, and already in several northeastern states, and much of
Europe and Asia).

-iphone-GPS and iPod Touch-GPS: Adds full GPS capability to the iPhone
and iTouch, both for in-car and portable use (like a Garmin), along with
down-loadable topo and satellite maps from the iMaps section of iTunes
(Bushnell is selling overlay satellite maps for it's portable GPS). With
8GB or 16GB of Flash, this is a natural application.

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.

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?

SMS <scharf.steven@geemail.com> wrote in news:4798bfd8$0$84166
$742ec2ed@news.sonic.net:

> "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."
>

What good is a 3G iPhoney gonna do on a 2G ATT network?

> What good is a 3G iPhoney gonna do on a 2G ATT network?

That has lousy coverage patterns.