The prediction is that iphone will sell like a moffo! Even though Apple are new to cell phones they believe that their technology rich product will storm the market. In fact, according to Oppenheimer, a whopping half of the iphone sales will come from competitors (current cell phone market) and only half from Apple’s customers! Oppenheimer’s predictions – which were touted when he appeared at the Morgan Stanley Technology Conference in San Francisco this week – include:
Apple Eager for iPhone
Robert Mullins, IDG News Service
The much-anticipated Apple iPhone is scheduled to hit the market in June. The iPhone, which Apple CEO Steve Jobs introduced at Macworld in January, features an innovative touch-screen interface on a combination phone, iPod, and e-mail and Internet access device.
While not commenting on the forecast, Oppenheimer said the iPhone will be a “breakthrough product.”
“Though Apple is new to the mobile phone market, we believe the addressable market will grow quickly,” he said…. Read more HERE