Piper Jaffray Reports on iPhone, Mac Sales
Piper Jaffray Reports on iPhone, Mac Sales
by , 1:40 PM EDT, October 4th, 2007
While iPhone sales jumped 200% right after the price reduction, they've stabilized and are now up 56% from Jul/Aug sales according to a report published by Piper Jaffray on Thursday. However, Mac sales are down over the same period.
Gene Munster, the noted Piper Jaffray Apple analyst, and his team visited Apple flagship stores in New York, Chicago and San Francisco to count iPhone, iPod and Mac sales. They compared those results to what they found in July and August.
The results, posted by CNNMoney, were summarized in this table:
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Mr. Munster noted that while Macintosh sales were up sharply in July and August as a result of the new iMac intoduction and back-to-school specials, the rate of sales has tapered off in September. His report also provided a breakdown of iPods sales distribution: 39% percent nano, 36 percent touch, 16 percent shuffle and 9 percent classic.
Mr. Munster has also estimated that Apple will report 1.28 million iPhones sold for the quarter.
Observer Comments
QuoteGene Munster, the noted Piper Jaffray Apple analyst, and his team visited Apple flagship stores in New York, Chicago and San Francisco to count iPhone, iPod and Mac sales.
Wow it must be nice. "Hey everyone let's go to the Apple Store to do some "research" on company time." LOL
I just wonder how many of those sales were to PJ researchers.
I've been following some of the discussions on TMO's Apple Finance Board--at least to the extent that I can understand what they're saying. (Three degrees from MIT don't help.
) One interesting thing that I've noted is that I haven't seen Wu or Munster mentioned very often by the serious traders. Perhaps those traders know something. ![]()
Thu Oct 04, 2007 6:25 pm Subject: Not to be confused with...
QuoteAnonymous wrote:
Isn't this the same yahoo who said that Apple sold 700,000 iPhones on the very first weekend?
Yea, these analysts aren't very good.
I'm not sure who said what, precisely, but, yes. It seemed to be a "Beat this!" contest, a verbal form of "Mine's bigger than yours!" One "analyst" would make a prediction of the number, then another would try to top him. (It's always guys--the women are probably too smart to get involved.) The result was that they made the real number, 275,000 (IIRC), seem like a failure.
Fri Oct 05, 2007 3:10 am Subject: Re: Not to be confused with...
QuoteBosco wrote:QuoteTFA wrote:
Gene Munster, the noted Piper Jaffray Apple analyst,
In case there was any confusion with noted 50s TV character Herman Munster or noted Yankee Thurmon Munson...
Minor correction: The Munsters ran from 1964-1966 (two seasons), so Herman was a "noted 60s TV character." FWIW, the other "creepy comedy," The Addams Family, ran the same two seasons. The shows finished within a week of each other.
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