Monday Morning After iPhone Weekend

Posted by: Arik Hesseldahl on July 02, 2007

The numbers are starting to trickle in regarding estimates of iPhone sales over the weekend, and the estimates are all over the map. On report in the LA Times pegs the number at 525,000, citing analyst Trip Chowdry, analyst at Global Equities Research in San Francisco. David Bailey at Goldman Sachs says the number is much higher, closer to 700,000, or as he puts it “at least double our prior 350,000 estimate.” He figures Apple will sell 5.25 million iPhones in the 2007 calendar year, and 12 million and change in 2008. JP Morgan’s Bill Shope says he thinks Apple’s sales of the device were “disappointing” at 312,000 units. Meanwhile Gene Munster at Piper Jaffray puts his estimate at 500,000. Shaw Wu at American Technology Research figures Apple sold 250,000, but considers that a bullish number, saying it could turn out to be the fastest selling product in Apple’s history. Finally Matt Kather at W.R. Hambrect says he thinks no one can accurately quantify how many iPhones were sold over the weekend.

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