9:38 AM Apple (AAPL +1.8%) bounces after AT&T (T) discloses it activated 4.7M iPhones in Q3, well above Q2's 3.7M. That figure comes in spite of Ma Bell's admission iPhone 5 supply constraints affected its postpaid net adds. Apple sold off yesterday on concerns about the iPad Mini's pricing, and perhaps also Tim Cook's claim that cumulative iPad sales topped 100M 2 weeks ago - that implies FQ4 sales of 16M, below an 18M consensus. FQ3 iPad sales had been boosted by inventory builds, something that may have led to an FQ4 inventory draw-down. (Read the comments on this)
See more Market Currents on Tech, Earnings
Why are you receiving this? You subscribed to real-time Market Currents alerts at Seeking Alpha.
If this email was forwarded to you and you wish to subscribe to this email, click here.
Manage your emails:
Get alerts on additional tickers and manage all your email alert choices here
I'm getting too many emails: manage your email alert choices
I'm no longer following AAPL: unsubscribe from all AAPL email alerts
This type of alert isn't helpful to me: unsubscribe from Market Currents (breaking news) alerts on AAPL
To ensure you receive these emails in the future, please add account@seekingalpha.com to your address book, contacts or list of safe senders.
Sent by Seeking Alpha, 345 7th Ave. Suite 1400 New York, NY 10001
No comments:
Post a Comment