Who Will Buy My Overpriced Piece of Crap?

This is somewhat surprising:

Apple Inc. shares fell as much as 5 percent Tuesday after AT&T said it activated 146,000 iPhones during the first few days of the highly-anticipated product's launch, far less than Wall Street's initial sales estimates.

AT&T, the only cell phone operator to carry the iPhone, revealed the iPhone activation figures in its earnings report Tuesday. The telecom giant said that of the 146,000 iPhone customers signed in the first two days of the product's existence, more than 40 percent of them were new subscribers.

But Wall Street analysts had estimated that Apple and AT&T had sold as many as 700,000 iPhones during the first weekend. The iPhone hit stores at 6 p.m. on Friday, June 29. Both AT&T and Apple's quarters ended June 30.

So fewer people wanted to spend $600 for a phone, and then shell out upwards of a hundred bucks for two years (guaranteed!) to use it, then "analysts" expected?

I'll give the "analysts" some free advice from a guy who knows absolutely nothing about "economics": what the vast majority of people want from a cell phone is a PHONE that WORKS and a CHEAP PLAN.

The donation buttons are down below, guys...