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Analyst Believes 3 Million iPhones Sold in First Month

One analyst believes that Apple has hit the 3 million mark in iPhones sold in the first month since its debut.

"They are seeing unprecedented demand," says Cote, adding that there appears to be no signs of a let up yet. Cote, a former T-Mobile executive, has been extremely accurate with wireless predictions in the past.

Apple had previously announced they had sold 1 million iPhone 3Gs in the first weekend of the launch but have provided no additional sales figures since that time. The analyst predicts that the demand may be so strong that it could affect Apple's expansion into other countries later this month.

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Posted: 49 months ago
I could easily see this as being true.
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Posted: 49 months ago
If that's true... that means they've sold 9 million total now, right?

Do you think Apple will announce when it reaches 10 million total, or just stay quite about those numbers for a few months until they have a regularaly schedueled event where they can say, "Look, 15 million before it's even the end of the year!"

IDK... when's the next press event? Don't they have something in Septembers? (Isn't that where they revealed the aluminum iMac?)
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Posted: 49 months ago

One analyst believes that Apple has hit the 3 million mark in iPhones sold in the first month since its debut.Apple had previously announced they had sold 1 million iPhone 3Gs in the first weekend of the launch but have provided no additional sales figures since that time.


1m/3d = 333k/d -> 3m/30d = 100k/d, i.e., the demand is quickly drying up? although introduction in new countries will probably provide temporarily new surge in demand...
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Posted: 49 months ago

1m/3d = 333k/d -> 3m/30d = 100k/d, i.e., the demand is quickly drying up? although introduction in new countries will probably provide temporarily new surge in demand...


I think with the hype of the launch it isn't surprising that they sold more in the first few days than any of the following 30 days. I doubt the sales will continue to go down at that rate.
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Posted: 49 months ago
I'd say 100k/day is a decent number but there's no way it's the average. I'd say it was more like 333k/day on the first weekend, 130-170k/day the following week and then a sustained 80-120k/day after that which would put the sales at more like 3.5-4 million. Saying 3 million in the first month means they only sold 2 million in the next 27 days (74k/day) which I think is a gross underestimate since they are still sold out virtually everywhere. The second they get them in stock they are gone - buddy of mine at work just tried to buy one, called 5 AT&T stores and not a single one even had 1 and that was just some random Wednesday! Also, considering Apple's practices they will probably count all the official backorders for the month. Another friend of mine and her husband placed their order about 2 weeks ago and just got them on Friday.
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Posted: 49 months ago

1m/3d = 333k/d -> 3m/30d = 100k/d, i.e., the demand is quickly drying up? although introduction in new countries will probably provide temporarily new surge in demand...


These figures are talking about sales, not demand; they're guestimating the number of iPhones sold, which is almost certainly limited by the amount of stock available.

Apple probably had a reasonably large stock available on release day which explains the large initial sales. With those now gone, they're just selling them as fast as they can build them.
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Posted: 49 months ago
As always, it would be interesting to know the breakdown of US versus OUS sales as well as new AT&T customers switching carriers versus existing AT&T customers and how many of existing iPhone customers are ditching rev1 for rev2?

In my mind many of these questions cut to the question of market penetration both here at home and abroad as well as how good of a job apple is doing at convincing existing iPhone customers that newer hardware is better (as opposed to just upgrading their firmware to v2.0).

Answers to these questions will go a long way to bouying the stock price and keeping analysts bullish on apple's prospects.
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Posted: 49 months ago
In my little town with one AT&T store, they told me they sold 55 so far and have cash deposits for another 40 or so, for whenever they happen to get them in. The guy figured that if they had an unlimited supply, they may have sold a couple of hundred by now. Scale this up from there, 3 million actually might seem kind of low. That's just one sample, and may have had some built in sales pitch, but still sounds like its selling well.
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Posted: 49 months ago
Great :( where I live I'm on a pre release " waiting list " ( i was that time nr. 80 ) and after 1 MONTH I'm nr. 61 .... only 19 ridiculous phones has arrived into my town Movistar shop .

In 10 days another 20 or so countries are going to be serviced ... great ( again ) this means I may get one next year ?

By that time I may wait for the 3rd gen. iphone ....

Saludos
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Posted: 49 months ago
nice...I think there are still lines at the 5th ave store for the 3g Iphone!
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