The One Minute Apple iPhone review

Hey, it's iPhone week after all. Smartphones Show 36 will feature my patented(!) one-minute Apple iPhone review - just the stuff you need to know - really.
Veteran tech writer and podcaster. Palmtop magazine, The All About sites, The Phones Show, and more...
Now semi-retired. See also stevelitchfield.com for software, podcasts, and more!
See also youtube.com/stevelitchfield for videos, long and short...
Atom 1.0 feed
Hey, it's iPhone week after all. Smartphones Show 36 will feature my patented(!) one-minute Apple iPhone review - just the stuff you need to know - really.
Comments
Here’s a few other potential hurdles that could prevent the iPhone from exceeding its already lofty expectations:
* You must be an AT&T customer to use the iPhone. With a market share of 20%, that means 80% of wireless customers must cancel their current contracts to sign with AT&T. Being a Sprint customer, I would have to pay a $175 cancellation on top of the $3000 price tag for the iPhone. AT&T’s exclusive contract runs through 2009.
* Only 4 & 8GB of hard drive space? My tiny video iPod holds 30 GB for less than $200.
* Recent surveys have shown that the majority of IT departments will not even consider the iPhone due to its PC incompatibilities & exclusive AT&T contract. That will dampen business spending & all but eliminate demand for the higher-tier contracts.
This is the ultimate “sell the news” scenario. On Jan 9th 2007, Steve Jobs announced the iPhone at the Macworld Conference & Expo. The stock has since been on fire rising 50% to $125, adding $30 billion to the company's market capitalization. Will the iPhone really hold that much value for Apple? This huge runup comes after a fantastic finish to 2006 after Apple’s stock bottomed out at $50 in October. Thus, nearly everyone holding Apple is sitting on huge gains.
Expect an Apple selloff on Friday when the iPhone is finally released. 3 similar mini-selloffs have occurred during this recent runup:
* June 26th: Apple announces 6 AT&T service plans for the iPhone. The stock drops 3% on investor concerns over the high prices.
* June 11th: Steve Jobs shows off the iPhone at Apple’s World Wide Developer's Conference. The stock falls 5% after investors saw no “surprises”.
* March 20th: Apple beats 4th quarter analyst earnings & revenue estimates. The stock falls on profit taking.
Apple’s recent success has created impossible expectations. With all the mega-hype already priced into the stock, just meeting expectations will create a selloff. I plan to sell tomorrow and buy back in a couple months. Longer-term investors need not worry because the future looks bright with Macs gaining market share & the iPods continuing their dominant foothold on the music industry.
Thanks.. I have linked you too.. Looking forward to learn a lot from your site.
Have a great day,
Abhishek