THE EXPERTS SPEAK: Here's What People Predicted Would Happen When The iPhone Came Out...
by Seth Fiegerman on Jun 29, 2012, 4:31 PM
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 It has been five years to the day since the iPhone first went on sale. While it might seem like a product that was destined for greatness from the beginning, not everyone thought so. Steve Jobs unveiled the iPhone on January 9, 2007 and the phone went on sale a little more than five months later. In the time between, analysts, writers and industry leaders made plenty of predictions. Some proved prescient. Others, well, you'll see... BLOOMBERG: The iPhone's impact will be minimal. It will only appeal to "a few gadget freaks." Nokia and Motorola haven't a care in the world.  In an opinion piece in Bloomberg, Matthew Lynn predicted that the iPhone's impact on the wireless industry would be minimal, arguing that the smartphone would really only appeal to "a few gadget freaks." "The big competitors in the mobile-phone industry such as Nokia Oyj and Motorola Inc. won't be whispering nervously into their clam shells over a new threat to their business," he wrote. Fast fo ward to the first quarter of this year, when Apple's share of the worldwide cellphone market nearly doubled from the year before, while Nokia's share continued to decline.
PC MAGAZINE: The iPhone is deeply flawed. Apple will sell lots at first and then sales will plummet.  Jim Louderback, the current CEO of Revision3, wrote a piece in PC Magazine predicting that iPhone sales would start strong thanks to "pent-up demand" but then fade in the U.S. "once the initial fever wears off." Louderback argued that the phone had too many flaws, including a slow Internet connection and the lack of buttons. Just the opposite proved to be the case, as iPhone sales started off gradually and then skyrocketed.
GENE MUNSTER: The iPhone will be a blockbuster. Sales will steadily increase and top 45 million annually in 2009.  On the flip side, noted Apple analyst Gene Munster predicted that Apple's iPhone sales would steadily increase and top 45 million by 2009. That proved to be a little too optimistic. In reality, it took until 2010 for the company to sell more than 45 million iPhones. Soon enough, the company might end up shipping that many in a single quarter.
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