Jackass of the Week: Scott Moritz

Scott Moritz, for TheStreet.com:

The sales goal — or so-called whisper number — both internally at Apple and on Wall Street was a nice round 1 million phones.

Who said this before the iPhone went on sale?

Missing this hugely ambitious target is hardly a failure, but competitors in the wireless sector are certainly breathing a little easier.

“There’s a lot of rejoicing at Sprint, Verizon and T-Mobile,” says IAG Research’s Roger Entner. “By not selling out, it is still a solid success, but it also proved that not everyone in the country is willing to drop $600 on a new phone.”

Sure, that’s right — some people thought maybe everyone in the country was going to buy one on opening weekend. This iPhone thing couldn’t be going any better for Sprint, T-Mobile, or Verizon.

(Via Gedeon Maheux.)

★ Tuesday, 3 July 2007