Apple to sell 4.47 million iPhones this quarter?

Posted on Friday, August 15 2008 @ 9:10 CEST by Thomas De Maesschalck

A Piper Jaffray analyst expects Apple will sell 4.47 million iPhones this quarter:

Gene Munster, an analyst at Piper Jaffray, and his merry band of observers have spent 25 hours at Apple stores counting folks buying iPhones. His conclusion: Apple sells 95 iPhone 3Gs a day at each of its 188 stores, up from 21 phones a year ago. Toss in international sales and AT&T stores and Apple should sell at least 4.47 million iPhones.

Munster, also known for being incredibly bullish on iPhone sales, said his new guesstimate for iPhone sales is up from his previous 4.1 million phones for the September quarter.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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