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AT&T announces the sale of more than 10M smartphones in Q4 vs. 9.4M a year ago. "This...
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Tuesday, January 8, 8:47 AM ETAT&T announces the sale of more than 10M smartphones in Q4 vs. 9.4M a year ago. "This included best-ever quarterly sales of Android and Apple smartphones." This would suggest Q4 iPhone sales in the 7M-8M range, says BI's Jay Yarow. AAPL +1%, T -1.3% premarket. (PR)
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This news story has 37 comments:
T sold 7.6 million iPhones in the same quarter in 2011. So the number has to be closer to 8 million than 7.
So then why, if they know the total and the breakdown not publish the details ?
What are they waiting for ?
http://bit.ly/UyeeDt
Owned Apple and cleared the table, and it was a big mistake.
If AT&T , pulls back it could be a buy...for long term investing...( 2-5) years.
That is what all analysts will say tomorrow.
Anyway, information learned while waiting:
First, over 20 minutes waiting, yet store fully staffed.
AT&T rep at door assigned task to enter people's name in que upon entering, so customers "take a number".
Asked his sense of business breakdown and comparison to last year. He said "seat of pants guess: 80/20". Having read at SA "reports" indicating 75%+ going to Android/Samsung, I ask, "Is that 20% AAPL and 80% all others?" He says, "NO! 80% AAPL! Possibly more."
He goes on to say that with plans now offering tablet anywhere data for $10/mo. & laptops bit more (is that now $20/mo., or maybe even $15?) — tablets are flying oout of stock — nearly all AAPL ipads & ipad-mini's.
Went on to say AT&T discounts AAPL tablets $100 w/ 2 yr. contract. His guestimate was tablet sales often are to pre-existing customers, buying their 2nd, 3rd, 4th (or so) AAPL devices in their families. He said tablet sales might be exceeding phone sales.
Anyone recall recent article which quoted survey of consumers... AAPL customers w/ two devices ] 84% locked on the brand... three or more devices \ approaching a 90+% lock — unwilling to consider android or anything else, regardless of price?
So, seems to me that from comments above... with AAPL ahead fiscal Q1 on iphone sales; i.e. alleged margin compression due to significant cannibalization in fact not occurring — yet in addition, AAPL tablet sales possibly matching iphone sales this quarter (also confirmed from reports of Christmas activations, etc.) — that AAPL will likely see substantial sales & earnings increase Qtr over Qtr YTD.
Keeping in mind last year fiscal Q1 was substantial blowout — AAPL MIGHT JUST REPEAT — AAPL WEBSITE POSTED ESTIMATE OF $11.75 MAY BECOME ACTUAL RESULTS IN THE $15 TO $17 RANGE, even factoring early qtr delays with initial iphone5 inventory/production.
Also, consider this, too. Tim Cook and Peter Oppenheimer, Apple’s CFO, have what the Street classifies as two "misses" in a row, fiscal Q3/Q4 2012. So you think over a lunch mtng they decide to be aggressive with sales and earnings estimates a third time, risking a strikeout, potentially placing jobs, reputation and stock grants at risk? Or, do they take the Star Track "Scotty" approach... remember the episode where William Shatner asks, "Scotty, how is it you ALWAYS manage to get us out of tight spots, ahead of schedule?" [not exact quote... my memory is "aging gracefully"] Scotty replies something like, "That is easy, Captain Kirk. I take my estimate and multiply by THREE." My thoughts... that concept now back, as Steve Jobs had learned from his own board experiences across many years.
Might be nice, too, if institutional investors would start digging a bit deeper, especially for all the dollars paid — and commence acting NOW accordingly — immediately re-building AAPL positions for clients.
Especially so soon, as like others, am sucking an egg on Jan. AAPL calls at the moment!!!
stock ..... !!!!! all i know is that whatever comes out in the earnings
report on the 22nd it will show they made bundles of money !!!!!!!!!!!
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