We predict short supplies of the iPhone 3G. Apple appears to have a hit on its hands with the release of the iPhone 3G, with carriers besieged by requests from potential buyers and the analysts at Morgan Stanley this morning predicting device sales will double, reaching 27 million iPhone 3G sales in 2009.
We'll start with the analysts, then take a quick look at two examples illustrating the level of demand for the product carriers are encountering.
Morgan Stanley this morning raised its price target on Apple stock to $210, up $25 from the investor's previous $185 target - and warned the impact could drive values even higher.
"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 investment bank said in a note. The bank expects 27 million iPhones to be sold in calenda
