Apple has continued to remain confident about reaching their goal of 10 million iPhones sold by the end of this year, but market publication The Street isn't so optimistic. They claim that Apple may have more of a difficult time accomplishing their goal than they let on.

According to an investment note by analyst Charlie Wolf with Needham and Company, Apple sacrificed the sales of as many as 1.5 million iPhones over the holiday season by allowing the iPod touch to cannibalize sales.

This blog will tell you how to Unlock Jailbreak Activate and Hack your iPhone and iTouch firmware for FREE

Richard Windsor of the London-based firm explains that an investigation suggests Motorola would drop the segment entirely and instead focus on its enterprise and government sectors.Talks of a Chinese takeover, however, are an "old chestnut" that isn't likely to come true unless a buying firm knows how to mend Motorola's business, the analyst says. Instead, the American company is most likely to become profitable only after enduring a "very difficult" 2008.Motorola is already said to be suffering, and in the fourth calendar quarter of 2007 reported a 38 percent drop in its mobile device sales compared to the same period a year ago -- a stark contrast to an industry widely agreed to be growing over time. The departure of Ed Zander from Motorola's chief executive spot in mid-quarter is understood to have been partly driven by the increasingly poor results.The researcher sees this as a trend for other handset makers as well. Other leading cellphone designers such as Samsung and Sony-Ericsson are also expected to prey on Motorola's vulnerability. Though still small, Apple has also been cited in industry surveys as stealing marketshare and perceived influence from Motorola with the iPhone.For Apple, a Motorola departure would only serve to vindicate its decision to create its own handset. The failure of the ROKR E1 music phone in both its awkward hardware and feature-limited iTunes software were reportedly frustrating enough to Apple head Steve Jobs that he launched an end-run around Motorola, discussing an Apple-made phone with Cingular (now AT&T) even before the ROKR reached store shelves.

This blog will tell you how to Unlock Jailbreak Activate and Hack your iPhone and iTouch firmware for FREE