Apple announced that it shipped 270,000 iPhones in the last quarter (ended June 30). That's how many went to Apple and AT&T stores for the release weekend. And, as we all know, all Apple and AT&T stores sold out by Sunday of release weekend.
Reality: Apple sold 270,00 iPhones in the first 2.5 days.
That's almost double the AT&T activation figure and strongly underlines why so many analysts (and naysayers) overreacted in the last 24 hours.
Source: http://blogs.businesss2.com/Apple/2007/07/apple-q3-report.html
BTW, this news came out after the market closed. Just before the news was announced, Apple's shares were down in after hours trading. But as soon as the news hit, Apple's (after hours) share price shot straight back up! It's at almost $145 a share at this writing! YEEEEEE HAAAA!
Reality: Apple sold 270,00 iPhones in the first 2.5 days.
That's almost double the AT&T activation figure and strongly underlines why so many analysts (and naysayers) overreacted in the last 24 hours.
Source: http://blogs.businesss2.com/Apple/2007/07/apple-q3-report.html
BTW, this news came out after the market closed. Just before the news was announced, Apple's shares were down in after hours trading. But as soon as the news hit, Apple's (after hours) share price shot straight back up! It's at almost $145 a share at this writing! YEEEEEE HAAAA!