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Apple sells $297 Million in iPhones this Weekend

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iphone-ctia.jpgAccording 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.

Kokou Adzo

Kokou Adzo

Kokou Adzo is a stalwart in the tech journalism community, has been chronicling the ever-evolving world of Apple products and innovations for over a decade. As a Senior Author at Apple Gazette, Kokou combines a deep passion for technology with an innate ability to translate complex tech jargon into relatable insights for everyday users.

5 thoughts on “Apple sells $297 Million in iPhones this Weekend

  1. 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 🙂

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