Analysts have spent days pontificating over iPhone's sales this past week. Some are throwing out numbers, such as 500k on the first day alone!
"Shoppers may have bought as many as 700k units over the weekend," said David Bailey, an analyst with Goldman Sachs Inc. The venerable Gene Munster threw his hat in the ring, with a sales estimate of 500k units. Both these guys were expecting around 200-300k unit sales.
Here's our read: analysts everywhere expected the iPhone to sell briskly the first couple of days, but I don't think anyone expected this volume level. We believe that once the word hit the streets that the iPhone works as advertised--and those initial reports were very positive--the floodgates opened, along with wallets, and by Wednesday, it was a sellout.
We ordered ours 10 min after 6PM on Friday and do not have them. The phones will arrive in mid-July and we'll give you our impressions.
"Shoppers may have bought as many as 700k units over the weekend," said David Bailey, an analyst with Goldman Sachs Inc. The venerable Gene Munster threw his hat in the ring, with a sales estimate of 500k units. Both these guys were expecting around 200-300k unit sales.
Here's our read: analysts everywhere expected the iPhone to sell briskly the first couple of days, but I don't think anyone expected this volume level. We believe that once the word hit the streets that the iPhone works as advertised--and those initial reports were very positive--the floodgates opened, along with wallets, and by Wednesday, it was a sellout.
We ordered ours 10 min after 6PM on Friday and do not have them. The phones will arrive in mid-July and we'll give you our impressions.
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