I bought two iPhones at 6:45 on the 29th. I immediately registered one. Then my wife and I set out to see if she could also use it for her work. Eight days later, we registered hers and switched our family plan from Verizon to ATT. I don't think that we're that atypical a scenario: We bought two in case there was a short supply (my wife had a specific window in which she could return her new Blackberry), ascertained that we could use the iPhone for her job, and then registered our second iPhone. Given that there was a two year contract involved, we considered this a prudent approach.

I couldnt be happier. I just picked up a substancial amount of shares at 4.25 less than thet would have been yesterday. My advice to Zaren - please, bail out now. Ill gladly bid.

Doofuses.

...you are exactly the wrong type of person to be buying stocks. hold these til you break even. then get out and never buy another stock again. ever. trust me.

So? Run your numbers at 1,000 per Apple store and say, 75 per AT&T store, and you get just over 300,000 phones. Still not half-a-million.

'Course the local AT&T store had 40, and the Apple store where I stood in line had 120 people waiting. Assume each bought 1.5 phones and you get 180. Which implies that they needed another 600-800 people to wander in after the initial rush and buy a phone. Sorry, but I'm not going for it.

I love apple... and I love the iPhone but HATE AT&T so I hope it's true. buy the phone and hack it to not use AT&T!!! The worst service in the world!!!!!!!!

I hope someone shorted the stock. I figured it would start sliding tomorrow after AAPL's quarterly call (after hours), but ATT started it today.

This figure was for the first 30 hours of sales. God damned morons.

that Apple has some other things to fall back on, like, um, iPods and Computers :-)

I bought 100 shares of Apple stocks in April at 94 USD 2 days later they annonced the delay of Leopard which decreased the price with 4 or 5 dollars. It soon rebounded. In may I added another 50 shares at 103.40. I am planing on buying even more stocks at a later stage but I am tempted on doing it now and reap the benefit when the Price increases again.

iPhone meet iFlop

Some people also may be waiting a month or so till their contracts are up, having all ready purchased an iPhone. The fact that this figure is basically only covering a 24 hour period should encourage people to buy aapl, not sell. Bunch of dingbats.

Does anyone know that most all of the stock analysis programs work on PC's. Then it no doubt that wall street doesn't understand apple.

no big wup. Last week, AAPL stock soared based on estimates from analysts that half a million iPhones were sold.

While the 146,000 activations number does not directly imply unit sales, it was low enough today for the market to adjust based on these solid numbers. Will the stock bounce back? Probably, but not till more hard data comes out.

Are people morons for selling? Depends on whether they have a strategy. (And, btw, a good strategy does not mean to buy AAPL stock willy nilly. It is possible for AAPL stock to be overvalued.)

After reading all this numbers and their influence on stocks, so I want to add my bad maths, too.

So 146'000 during the first two days, but the shops opened 6pm Friday and closed Saturday evening, it's more like 146'000 in one day. 146'000 in one day, extrapolated to one year (remeber, bad maths, typical stock analyst calculation) would mean in 365 day Apple will sell 53'290'000 iPones! Now, if the headlines on all these computers sites would have been "Apple will sell 53 Mio iPhones in one year", instead of "146'000 activations in the first few days", how would the stock have reacted on that? Yes, just to tell you, the numbers are meaningless.

Forget about it. You aren't selling, to be very clear, on the fact that activations are low...you are selling because you anticipate the stock price is going to drop.

Investors who sold early, were exactly right. Investors who sold later...probably just sold in time to take a loss and watch the stock bounce again...meanwhile the smart investors are buying back.

to the guy who bought yesterday and considering selling now...you are doing the exact opposite of what you are supposed to be doing, buying on the high and selling on the loss.

Buy into a loss, and sell on good news. It's easier said than done, of course, but, amateur investors always do two things, sell on losses, and sometimes...never selling, and holding too long.

Unless you are a day trader...10 dollar swings are nothing. If you bought at $140, you are waiting for $200... nothing that happened today means anything to someone holding medium term... fundamentals are still potentially there for long term growth.

I bought apple at $20.

By the way...not that I know anything about stocks...in reality I also bought Atari at $5, and that went bankrupt...some times you get lucky.

comments no big wup. Last week, AAPL stock soared based on estimates from analysts that half a million iPhones were sold.

While the 146,000 activations number does not directly imply unit sales, it was low enough today for the market to adjust based on these solid numbers.

They're not "solid" numbers. Solid numbers would be 500,000,000 activations, the number of iPhones everyone who doesn't have their head up their a** knows they sold (forget that piddly half million the 'analysts' guess, any true Apple-fan knows they must've sold a half billion).

Will the stock bounce back? Probably, but not till more hard data comes out.

Probably? Of course it will, because its the only stock out there with any upside.

What is odd is, with all the stupid investors out there, and the stupid analysts who keep berating anything apple (out of sheer ignorance on their part), that the stock isn't in the toilet at $20. Makes you wonder who's propping the stock up at $140. Probably jarod and rtbarry (someone's got to make money on all the stupid sellers).

Are people morons for selling? Depends on whether they have a strategy. (And, btw, a good strategy does not mean to buy AAPL stock willy nilly. It is possible for AAPL stock to be overvalued.)

Of course they're morons. They sold Apple stock. Who cares that stock is completely and utterly worthless until you actually cash it in or borrow against it. So what if you need money for, say, a margin call on all your other stock purchases, or a down payment. That's no reason to profit-take! You trade other stocks. But, for Apple stock, you're supposed to buy it and hold on to it for life!

this is a short term blip. Apple's future long-term is very bright. Take advantage of the 'discount' and buy AAPL.

You'll be glad you did when AAPL hits $200 next year.

the iPhone went on sale June 29th at 6 pm. the quarter ended midnight June 30th thats 146,000 activations in 30 hours.

if someone will check my math, thats over 4,800 iPhones (only) activated per hour in the first 1.25 days, and there were problems with the activation process!

how is this bad? what am I missing here?

They're not "solid" numbers. Solid numbers would be 500,000,000 activations, the number of iPhones everyone who doesn't have their head up their a** knows they sold (forget that piddly half million the 'analysts' guess, any true Apple-fan knows they must've sold a half billion).

From the public's perspective, as of right now, AT&T's numbers are solid. They are not speculative. Meanwhile, the number of iPhones sold is still speculative, until the the end of the day when Apple reports their earnings.

"The number of iPhones everyone who doesn't have their head up their a** knows they sold" is such a fanboy-like comment.

Btw, as much as the iPhone has warranted attention, it still will provide little actual impact on Apple's quarterly results. Instead, Apple's Mac and iPod sales will drive the bottom line.

And I imagine it should be pretty darn good.

iWant iPhone.

I wonder how many people bought the phone with the INTENT not to activate it? Maybe they just want the "PDA" aspect of the phone. Just gamble that the interested hackers out there will figure it out soon enough. Then you can install and run Apache on your iPhone! Oh, you already can. Not exactly practical, but a nice proof of concept.

Earned 980 dollars on That stunt. Thank You stupid Investors;-)

Were you successful and making someone else money?

:)

I bought 100 shares of AAPL a couple of years ago right when I bought my first iPod and shares were $30. Stocks for the most part only go up if you invest in solid companies.