RBC analyst Mike Abramsky is saying the launch of Apple's 3G iPhone this summer could be delayed, according to a Wall Street Journal Article. The delay is said to be due to carrier networks' testing and fine-tuning of the product.
Apple shares gave up 2.6%, or $3.29, to $121.73 on the Nasdaq Stock Market after analysts from Bank of America Securities and RBC Capital Markets lowered their price targets.
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Comments (3)
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0
confused much? - March 4, 2008 at 1:14am
how can it be delayed? A 3G iPhone hasn't even been anounced yet. Pretty bad prediction they have there.
0
jekyoo_style - March 3, 2008 at 9:57pm
not sure why everyone in the US is happy about 3G...3G blows in the US compared to Europe.
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