Despite being extremely unprepared for the high demand of pre-orders, Apple has announced that they sold out of the 600,000 pre-orders they have available. They also added, “It was the largest number of pre-orders Apple has ever taken in a single day and was far higher than we anticipated, resulting in many order and approval system malfunctions.” You can say that again. This is 10x the number of 3GS pre-orders for AT&T.

Don’t believe what you read! JP Morgan first issued a report over the “iPhone Nano”, but Piper Jaffray just topped that by claiming Apple’s stockprice will hit $205. Citing a new model for recording iPhone revenues, Piper Jaffray analyst Gene Munster expects this to substantially increase Apple’s 2009 calendar year income. Of course, this is more »

It seems that Apple is a hot topic for analysts out there; remember Kevin Chang of JP Morgan? He made several bogus claims over the iPhone Nano, which were later rebuked. Now, Gene Munster of Piper Jaffray is predicting that AT&T shares some of its iPhone subscription revenue with Apple, although it’s safe to assume more »