Monday, July 02, 2007

More on iPhone sales

According to Apple Insider the iPhone over the weekend beat the previous record sales for an Apple product by huge margins. Analyst Shaw Wu of American Technology Research estimated that Apple sold 250,000 units in two days (about half of what Piper Jaffrey estimated) - even with this lower estimate that compares to 59,000 units per day for the initial run of the Nano versus 125,000 for the iPhone. The Nano sold 1 million units in 17 days. Wu estimates that Apple will sell 2 million iPhones for 2007 and 7 million in 2008. That is more than double his original estimate for 2007.

The Apple Insider poll on iPhone purchases amounted to 85% for the larger model which is slightly under the PJ estimate but still pretty close for an unscientific poll. As of this evening there were about 10 California Apple stores with product and a lot more red dots were showing up around the country (meaning no sales tomorrow).

Goldman Sachs suggested that Apple sold as many as 700,000 units over the weekend.

There is also a developing body of iPhone Aplets or small programs which can be found at iLounge included so far is an ap that will search for the cheapest gas in an area. My guess is that the variety will proliferate quickly over the next couple of weeks.

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