{"id":897,"date":"2007-07-24T19:48:37","date_gmt":"2007-07-25T01:48:37","guid":{"rendered":"http:\/\/www.redmonk.com\/cote\/2007\/07\/24\/the-end-of-the-iphone-bubble-too-bad-so-sad\/"},"modified":"2007-07-24T19:48:37","modified_gmt":"2007-07-25T01:48:37","slug":"the-end-of-the-iphone-bubble-too-bad-so-sad","status":"publish","type":"post","link":"https:\/\/redmonk.com\/cote\/2007\/07\/24\/the-end-of-the-iphone-bubble-too-bad-so-sad\/","title":{"rendered":"The End of the iPhone Bubble: Too Bad, So Sad"},"content":{"rendered":"<p><a href=\"http:\/\/today.reuters.com\/news\/articleinvesting.aspx?type=hotStocksNews&amp;storyID=2007-07-05T204417Z_01_N05360918_RTRUKOC_0_US-APPLE-SHARES.xml\">July 5th, 2007<\/a>:<\/p>\n<blockquote><p>\nAnalyst estimates for iPhone sales in its first weekend run as high as 700,000 units, beating many investors&#8217; expectations, and some now expect the momentum to continue. The device went on sale last Friday.\n<\/p><\/blockquote>\n<p><a href=\"http:\/\/www.mercurynews.com\/breakingnews\/ci_6452853?nclick_check=1\">July 24th, 2007<\/a>:<\/p>\n<blockquote>\n<p>AT&amp;T\u2014the iPhone&#8217;s exclusive carrier\u2014said it activated 146,000 iPhones on June 29 and 30, a number that disappointed investors following some analyst forecasts that Apple would sell 500,000 or more iPhones in its first weekend.<\/p>\n<p>The news interrupted a steady rise in Apple&#8217;s stock price that started with the iPhone&#8217;s release. The 18 percent surge generated $18 billion in shareholder wealth.<\/p>\n<p>On Tuesday, Apple shares fell $8.81, or more than 6 percent, to $134.89, wiping out more than $7 billion of Apple&#8217;s market value.<\/p>\n<\/blockquote>\n<p>Does this mean the price will go down by July 2008 when my Verizon (hate them!) contract is up? Plz advice.<\/p>\n<p><!-- technorati tags start --><\/p>\n<p style=\"text-align:right;font-size:10px\">Technorati Tags: <a href=\"http:\/\/www.technorati.com\/tag\/apple\" rel=\"tag\">apple<\/a>, <a href=\"http:\/\/www.technorati.com\/tag\/iphone\" rel=\"tag\">iphone<\/a>, <a href=\"http:\/\/www.technorati.com\/tag\/at&amp;t\" rel=\"tag\">at&amp;t<\/a><\/p>\n<p><!-- technorati tags end --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>iPhone mania gave Apple a little boost until activation numbers came out.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-897","post","type-post","status-publish","format-standard","hentry","category-the-analyst-life"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/redmonk.com\/cote\/wp-json\/wp\/v2\/posts\/897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/redmonk.com\/cote\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/redmonk.com\/cote\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/redmonk.com\/cote\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/redmonk.com\/cote\/wp-json\/wp\/v2\/comments?post=897"}],"version-history":[{"count":0,"href":"https:\/\/redmonk.com\/cote\/wp-json\/wp\/v2\/posts\/897\/revisions"}],"wp:attachment":[{"href":"https:\/\/redmonk.com\/cote\/wp-json\/wp\/v2\/media?parent=897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/redmonk.com\/cote\/wp-json\/wp\/v2\/categories?post=897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/redmonk.com\/cote\/wp-json\/wp\/v2\/tags?post=897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}