Claim Chowder: Gene Munster

CNN Money, five days ago:

Will there be long lines outside Apple Stores Friday at 7 a.m. when the iPhone 3GS goes on sale? Gene Munster thinks there will, although not as long as last year’s.

Piper Jaffray’s senior research analyst issued a report to clients Thursday in which he estimates that Apple (AAPL) will sell half a million units of the new iPhone this weekend.

Apple, of course, wound up selling over one million. Munster, you will recall, is the same oft-quoted Apple analyst who, back in May, predicted that Apple would not announce new iPhones at WWDC, missing the easiest and most obvious Apple-related prediction of the year. He’s not quite in Rob Enderle territory yet, but give him time.

Tuesday, 23 June 2009