iLoungeiLounge
    Facebook Twitter Instagram YouTube LinkedIn RSS
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms Of Use
    Facebook Twitter Instagram YouTube LinkedIn RSS
    iLoungeiLounge
    • News
      • Apple
        • AirPlay
        • iCloud
        • iTunes
        • HealthKit
        • HomeKit
        • HomePod
        • iOS 13
        • Apple Pay
        • Apple TV
        • Siri
      • AirPods Pro
      • Apps
        • Apple Music
      • Rumors
      • Humor
      • Technology
        • CES
      • Articles
      • Web Stories
    • iPhone
      • iPhone Accessories
    • iPad
    • iPod
      • iPod Accessories
    • Apple Watch
      • Apple Watch Accessories
    • Mac
      • MacBook Air
      • MacBook Pro
    • Reviews
      • App Reviews
    • How-to
      • Ask iLounge
    • Daily Deals
    iLoungeiLounge

    Morgan Stanley: iPhone sales to double in 2009

    By Charles StarrettMay 13, 2021 7:33 am UTC

    Investment bank Morgan Stanley has raised its price target on Apple stock from $185 to $210, based on expectations of doubled iPhone sales in calendar year 2009. “We believe the market generally expects a doubling of iPhone units with the lower price point ($199) and we believe this is realistic, if not conservative,” the firm said in a note. It expects sales of 27 million iPhones in 2009, with an average revenue of $550 per unit. Finally, the bank said it believes that the mass market distribution and lower price of the iPhone 3G will drive revenue growth from software and services over time.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Charles Starrett
    Charles Starrett
    • Twitter

    Charles Starrett was a senior editor at iLounge. He's been covering the iPod, iPhone, and iPad since their inception. He has written numerous articles and reviews, and his work has been featured in multiple publications.

    Latest News
    Turn Your iPad into a Mini Laptop with the Discounted Zagg Messenger Folio 2
    Apple Adds Original iPad Air and Thunderbolt Display to ‘Obsolete’ List
    Apple drops iPhone prices for China’s ‘618’ festival
    Apple TV+ Series ‘Lessons in Chemistry’ to debut October 13
    Airplane Mode: Its Purpose and Proper Use
    Smartify Your Home with the Discounted Meross Dual Outlet HomeKit Smart Plug
    2023 Swift Student Challenge Winners revealed
    Apple Music Classical launches on Android

    iLounge logo

    iLounge is an independent resource for all things iPod, iPhone, iPad, and beyond. iPod, iPhone, iPad, iTunes, Apple TV, and the Apple logo are trademarks of Apple Inc.

    Contact Us: [email protected]

    Tel: +1302-208-9669

    iLounge, 2810 North Church Street, Wilmington, Delaware, 19802, United States.

    • Contact Us
    • Submit News
    • About Us
    • Forums
    • Privacy Policy
    • Terms Of Use
    This website is not affiliated with Apple Inc.
    iLounge © 2001 - 2023. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.