Apple on track to sell 5 million phones this quarter?

Posted on Sunday, Sep 28 2008 @ 06:18 CEST by Thomas De Maesschalck
Piper Jaffray estimates Apple will sell 5 million iPhones this quarter.
We already know that Apple sold 1 million iPhone 3Gs in the first weekend it went on sale around the world, and Piper Jaffray believes the company has added another 4 million units to that total since then, according to a research note released Monday. Apple will reveal the formal totals in about a month when it reports earnings for its fourth fiscal quarter.


The main number to watch is 10 million: that's the number of iPhones Apple has consistently said is its target for 2008. That number appears easily within reach if the 5 million estimate is accurate: Apple sold around 2.5 million iPhones during the first six months of 2008 as it ran out of the original model.

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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