IPhone May Be A $10 Billion Business

Posted: Jun 7 2007, 1:00pm CDT | by , Updated: Aug 11 2010, 2:13am CDT, in Technology News


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iPhone may be a $10 billion Business

The Apple stock raises again today. It is now at $125. Some analysts see the stock go beyond $160 easy. Business Week says the iPhone may be an annual $10 billion business for Apple.

Apple's goal of selling 10 million iPhones by the end of 2008 seems to be now seen as feasible by most Wall street analysts. The Apple iPhone will launch on June 29th. Only then we can start to see how many consumers really are plunk down the money to own the most anticipated mobile phone of 2007.
More on Business Week.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
Luigi can be contacted directly at ml[@]i4u.com.




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