This is awesome, a check on the iPhone availability at local Apple Store today shows ALL iPhones are sold-out except at Pittsburgh, Shadyside, Pennsylvania. The highly popular iPhones could be snapped out during yesterday’s Independence Day’s holiday, talk about timing of the launching. So you just have one green dot (available) while the rest of the Apple Stores are waiting for replenishments.
Could that be the reason why Apple Inc. (Nasdaq: AAPL, stock) stocks zoomed passing the $130 per share record this morning after trading started? You bet, and looking at the way the stock is behaving, the uptrend could continue unless some really bad news comes out. So, if you’re long on the stock (just like me), you should just let the share runs as far as it can goes. Aren’t you happy seeing all those Apple Stores running out of the devices while waiting for stocks and the iPhone fanatics yelling and complaining of the shortage?
Nevertheless, Apple better replenish the stocks fast to leverage on the current fever of the iPhone craze. But wait, maybe Steve Jobs already knew this will happens, and this is part of his evil plan to hold the stocks while enjoying seeing people on the street crying for iPhones. That’s to punish skeptical who criticize him earlier but somehow these same people couldn’t control themselves and ended up queuing trying to get iPhone instead. The die-hard fans already got their iPhones during the first couple of days after the launch.
But I can’t say all these latecomers are not Steve fans. They’re just waiting to see other people get their hands on the gadget and see if there’re problems or complaints with it, as they do not want to be labeled as guines-pigs. These are the fence-sitters. I think during the Fourth of July holiday, friends who got hold of the iPhones would probably had bragged and showed off the devices and more people are now dying to get one. Furthermore the only complaint was the slow activation from AT&T.
Other Articles That May Interest You …
- First Stock Rise since iPhone Launch – 96% Profit
- Apple to Sell 1 million iPhones before end of 2007
- APPLE iPhone Sales Top US$100 Million on Day-1?
- June 29th – Apple iPhone’s Judgement Day
July 5th, 2007 by financetwitter
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Wow! That is incredible. I still waiting for the iPhone to make it’s way to Singapore. 🙂