AT&T's iPhone report pushes down Apple stock
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AT&T said today that it had activated only 146,000 iPhones in the first two days the device was for sale, a figure well below analysts early estimates.
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AT&T Inc.  sold almost all  its initial stock of Apple Inc.'s  iPhone within hours  of the device going on sale, an AT&T spokesman said on  Saturday.
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AT&T Inc.  sold almost all  its initial stock of Apple Inc.&#39;s  iPhone within hours  of the device going on sale, an AT&T spokesman said on  Saturday.
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AT&T Inc. sold almost all its initial stock of Apple Inc.'s iPhone within hours of the device going on sale, an AT&T spokesman said on Saturday.
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U.S. tech stocks fell on Monday after Apple Computer Inc.  shares were downgraded, but weaker-than-expected manufacturing data suggested to investors that the Federal Reserve will not raise interest rates.
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The incoming CEO of AT&T said Wednesday that expectations are "too low" for Apple Inc.'s iPhone, which his company will start selling next month. "The iPhone is going to be a game changer," Randall Stephenson said at an investor conference in New York.
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AT&T said over the weekend that it had nearly sold out of its entire stock of iPhones, while Apple Stores were reportedly not far behind. An analyst with Piper Jaffray said that 500,000 phones had been sold nationwide over the weekend.
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Consumers aren't willing to pay what Apple Inc. may ask for the iPhone but if the price drops they'll switch their mobile service to AT&amp;T Inc. in order to get it, according to results of a survey released Thursday.
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CUPTERTINO, Calif. -- Apple Inc. said Tuesday its fiscal first-quarter earnings jumped about 57 percent, aided by iPod and iPhone sales, but shares plunged on an outlook that was well below expectations.
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U.S. tech shares fell on Monday, led by a drop in Apple Computer Inc.  after a brokerage downgrade and as investors bet chip maker Qualcomm Inc.  would lose in legal disputes to rival Broadcom Corp. .
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U.S. stocks kicked off the fourth quarter slightly lower on Monday after Apple Computer Inc. <AAPL.O shares were downgraded and the world's largest retailer's September same-store sales disappointed investors.
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Apple Inc  on Wednesday said the company was cutting the price of its iPhone and was on track to sell one million phones before the end of September.
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Apple Computer Inc. AAPL.O  shares fell 4 percent after a Needham & Co. analyst lowered his  investment rating on the stock to "hold," saying much of the  potential upside to the company's business is reflected in the  current stock price.
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Stocks slid at the open on Wednesday on recession worries and a weak profit outlook from iPod maker Apple Inc as the Nasdaq composite index crossed a bear market threshold.
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Sold a lot of iPhones in two days AT&amp;T is celebrating after posting another strong quarter - bringing in $29.5bn in revenues and making reported net profit of $2.9bn, up from $1.8bn last year on revenue of $15.8bn.â¦
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U.S. stocks started the fourth quarter lower on Monday, with tech shares giving back some recent gains as a brokerage downgrade hit shares of Apple Computer Inc.  and a legal battle hurt chip maker Qualcomm Inc. .
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Apple's second-quarter outlook shows it might not be shockproof, and many shareholders retreat from earlier bets on AAPL. The stock drops $17.06, or nearly 11 percent, in after-hours trading.