- Posted by Johanna on July 27, 2007 at 7:32 am
- Category: LinkBlogging
I’m sure there’s probably some explanation for this involving different end dates for the quarter or something, but at first glance…
AT&T’s second quarter earnings were considered disappointing, in part because:
146,000 iPhone owners activated service in the day and a half between the phone’s debut and the quarter’s end. Given the frenzy around the phone’s introduction, some analysts had predicted that AT&T would report as many as 500,000 to 700,000 activations in that period.
When Apple reported their second quarter earnings , they said they sold 270,000 iPhones. So why the difference in numbers? Did half the buyers of the hardware really not activate them? (I don’t blame them… I’d have bought one by now if you didn’t have to use AT&T Wireless with them.)
Also interesting from that first article is the revelation that the iPod was not considered a success when it was first introduced.