Expo Update #3: Wall Street Isn’t Impressed
January 17th, 2008One of the biggest dangers of the pre-Expo feeding frenzy that surrounds Apple Inc. more and more these days is that it’s nearly impossible for the company to fulfill the financial community’s hopes and dreams.
No matter what the company does, some people way just say it’s just not enough. Now last year was an exception, because, with the unveiling of the iPhone, Apple introduced a whole new platform, or at least new for the company. The looks and interface were striking enough to impress both analysts and regular folk alike, and that contributed to the unexpectedly high sales figures out of the starting gate and throughout the rest of the year.
Sure, there are a few less truthful tech writers who claimed that Apple cut the price by some $200 because sales hadn’t met internal expectations, but that’s clearly untrue since the magic one million sales figure was reached just a few days later. And those alleged journalists still haven’t apologized for their gross misstatements, which is quite typical.
