Analysts have reached a fever pitch in their attempts to outdo each other in iPhone prognostication.
A report from Piper Jaffrey’s Gene Munster earlier today claimed that it is “almost certain” that Apple will announce an iPhone in January. This prompted Daniel Niles of Lehman Brothers to declare that not only will Apple announce an iPhone, it actually already has and they’re sold out.
In his first quarter forecast for Apple, Niles said that Apple has already sold 7 million iPhones and 3 million iPhone Pros, and that the company is seeking relationships with other Chinese manufacturers because it is unable to keep up with demand.
In reality, Apple has not announced and refuses to comment on the existence of the iPhone.
Wall Street Analysts call Niles’ report “premature speculation.”
Reached for comment, an embarrassed Niles was apologetic.
“I don’t know what happened,” Niles said. “Maybe things were going a little too fast. Back and forth, faster and faster… all this hot speculation… I think I just got too excited. Maybe it was too long since the last time I wrote one of these. Maybe it was a combination of things.
“This has never happened to me before. I swear.”
Apple sighed heavily and declined, yet again, to comment on the iPhone.