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Saturday, July 17, 2010

Droid X flies off the shelves: Steve Jobs says no-one will buy a big phone

At APPL's gabfest yesterday:

In response to a question at its press conference today about whether Apple could've done anything to avoid its antenna issues with the iPhone 4, Steve took the opportunity to rip on bigger rivals, saying that making a phone so big "you can't get your hand around it" helps, but that "no one's going to buy that."

The Droid X will now ship July 27th, as the phone is flying off shelves. I'm tired of my dropped calls, and having to carry a Blackberry with my iPhone, so count me in as a Droid X buyer also.

The phone is too big? Heck, at least you can see it. There's still a lot of over 40 folks that refuse to wear reading glasses to use a phone!

An AAPL's margin expansion has come from the iPhone and it's previous use cookie jar accounting.

And APPL's game of under-promising on its earnings calls is even getting old.

The iPhone sucks as a phone, but is great for everything else, but I think the the coolness factor of it is dissipating except for suburban housewives in mini-vans.

Sell AAPL on rallies!!

4 comments :

Anonymous said...

You will likely be wrong on this call. Videos are popping up showing the same attenuation issue on other phones including Droids. Is Motorola offering free cases to their customers? Apple is one of the most customer-centric companies on Earth. Apple has not played any iphone accounting games. Previous iPhone accounting (amortizing revenue over two years) was required by FASB at the time. Apple will experience unparalleled growth for a company of it's size over the next two years. It's EPS will be $18-20/share next year, $23-25/share the following year, it's stock price will appreciate accordingly.

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