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Tuesday July 15, 2008
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 One million is a lot of phones. That's exactly the number that Apple claims to have sold in a mere three days. An extremely impressive number, which, if true, goes a way toward explaining why AT&T had a litany of issues activating 3G iPhones, particularly on the first day of the handsets release.
That number, however, may have, in fact, been exaggerated--a lot. According to Piper Jaffray's Gene Munster, the number of phones sold over that time period is probably closer to 425,000. According to the analyst's numbers, it will likely take Apple around 17 days to actually hit the one million mark.
The discrepancy apparently has to do with the way Apple records its sales, logging one for both every unit sold in their stores and each one shipped to wireless carriers, like AT&T, meaning that one million units may be out of Apple's hands now, but that doesn't necessarily mean that all of them are in the hands of consumers.
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July 15, 2008 12:49 PM
I would guess to say that if apple did release 1 million units to AT&T - all of them were sold, because I vainly went to 9 different AT&T stores myself in search of this elusive toy.
July 15, 2008 1:33 PM
This article is based on misinformation. Munster's report came out BEFORE Apple released their sales figures, and he has since issued a retraction, stating he underestimated worldwide demand and overestimated the activation problems.
You should retract this article as well.
July 15, 2008 7:07 PM
As Rob above said, Fortune revised their article. 1 Million stands. How about revising your title.
July 16, 2008 5:30 PM
lol Gene Munster was wrong. He has made a public retraction and every news source has corrected their articles as of yesterday. Yet, here's Gearlog, still reporting the incorrect and baseless figures taken from 2 stores. Munster reported BEFORE the Apple's earning statement was announced. Since the Earnings Statement is fact, I'd go with that. Another bonehead site I can cross of my list of places to visit.
July 16, 2008 9:00 PM
Sure are a lot of appledroids out there!!!!!!!!!!!
July 17, 2008 8:14 PM
I believe it was 1 million WORLD WIDE. You know, there's a world outside the US of A.
July 21, 2008 10:48 PM
Sounds like Microsoft accounting to me.
Just wish Apple would get the same scrutiny as Microsoft.