146,000 iPhone Activations in First Two Days
Sales of the Apple iPhone have been robust. The June 29 launch allowed for less than two days of sales and activations before the end of the quarter. In that time, AT&T activated 146,000 iPhone subscribers, more than 40 percent of them new subscribers. Sales of the iPhone continue to be strong in July with store traffic above historical levels.
The 2nd Quarter only includes two days of iPhone sales so only reflects activations in those two days (June 29, June 30). While there were some activation issues for some early adopters, these delays reportedly only affected 2% of users.
A few additional notes: 40% of iPhone activations were new AT&T subscribers and since the iPhone went on sale at 6pm, activation numbers reflect less than two full days of sales.
Apple's 2nd Quarter earnings are expected on July 25th.
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(View all)* Sales of the Apple iPhone have been robust. The June 29 launch allowed for less than two days of sales and activations before the end of the quarter. In that time, AT&T activated 146,000 iPhone subscribers, more than 40 percent of them new subscribers. Sales of the iPhone continue to be strong in July with store traffic above historical levels.
:eek: That's not good...
That number is lower than I expected, but for two days that ain't shabby.
Needs to see the whole weekend, and week after to judge how well it sold.
The guy ringing me up said that I was one of the first people to only buy 1 phone, suggesting that some were being bought as gifts or to be resold. Who knows, I guess we'll know at 5pm Wednesday how many iPhones were actually purchased vs. how many were activated.
The market should really just wait for Apple to announce it in their earnings call (which I'm certain they will).
Lets wait for apple's number, if they are going to show it.
For reference, I didn't get totally activated until a WEEK after I purchased my iPhone. I wouldn't count on opening-weekend activations as being any more accurate than the inflated estimates of how many phones sold.
The market should really just wait for Apple to announce it in their earnings call (which I'm certain they will).
Apple will probably not even mention them in their earnings call, because anyone who bought in June still had the right to return them within 14 days. :p And Apple doesn't mind putting a little damper on their share price, they have done that in the past.
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