Tuesday, 24 July 2007

Apple IPhone Demand Has Slowed, Boosting Research In Motion, Says CIBC

(Bloomberg) -- Demand for Apple Inc.'s new iPhone
has had a ``significant decline'' in the past 10 days, according
to CIBC World Markets, which said the company and AT&T Inc., its
wireless provider, may increase marketing efforts.

``We have noticed decent inventories at stores, and thin
demand at best,'' analyst Ittai Kidron wrote in a note. ``Among
the stores we visited, most visitors were not looking at the
device, and only a very small subset bought it.''


Read more at Bloomberg Stocks News

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