Apple sells $297 Million in iPhones this Weekend
According to research firm Piper Jaffray (via TUAW) Apple sold about 500,000 iPhones between 6pm Friday afternoon and close of business on Sunday night. They also revealed that 95% of sales in major markets like San Francisco, New York and Minneapolis were for the 8 gig model. I can also attest to the fact that even here in Texas the various places I contacted all sold out of 8 gig iPhones very quickly, with plenty of 4 gig stock to be had.
Apparently about half of the buyers were new At&t customers as well.
If you do the math we have 475,000 sold at $599 and 25,000 sold at $499 (excluding tax). That adds up to $297 Million dollars worth of iPhones sold in the first 2 1/2 days the product has been available.
Not too shabby.
Comments
Dirk
July 2nd, 2007 at 10:15 am
I’ve read Apple earns around $80 per iPhone. That makes $40 Million clear profit. Not so bad
When will we get something to read about your iPhone?
Have a great day.
regards from Germany
Michael
July 2nd, 2007 at 10:25 am
@Dirk –
Writing it now…should be published soon.
Jeremy Steele
July 2nd, 2007 at 10:46 am
When is the next Apple quarterly report? Without a doubt it will be covered on there…
Geekboy
July 2nd, 2007 at 11:12 am
Ka-ching!
Steve
July 2nd, 2007 at 1:27 pm
Nice for them, keep on sellin