The Business Press Maven

Can't Get a Clear Signal on iPhone Sales

 

Third, in our society, there is an infestation of analysts. As a result, the range of expectations for anything is broad enough for The Business Press Maven to fit his hips through. When we are talking expectations, you are always better off looking at those held by a couple of reputable sources than a range that includes everyone.

So what is the final, definitive answer? How, amid all this clatter and chaos, is the iPhone selling? The Business Press Maven has obviously built his Street cred on telling investors things no one else does, right? Well, right you are. And I'm not going to disappoint. So at this early, early stage, precisely how is the iPhone doing?

I have no blessed idea.

Nobody in the know is talking enough, and at this early point, things could change anyway. After the initial excitement, buzz about the product might be lame, killing sales in the crib. Or the opposite can happen and sales can build.

Days into the selling, I have no idea, and any investor playing this one is doing so on nothing better than a hunch.

>To order reprints of this article, click here: Reprints

At the time of publication, Fuchs had no positions in any of the stocks mentioned in this column.

A journalist with a background on Wall Street, Marek Fuchs has written the County Lines column for The New York Times for the past five years. He also contributes regular breaking news and feature stories to many of the paper's other sections, including Metro, National and Sports. Fuchs was the editor-in-chief of Fertilemind.net, a financial Web site twice named "Best of the Web" by Forbes Magazine. He was also a stockbroker with Shearson Lehman Brothers in Manhattan and a money manager. He is currently writing a chapter for a book coming out in early 2007 on a really embarrassing subject. He lives in a loud house with three children. Fuchs appreciates your feedback; click here to send him an email.

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