News

Munster: iPhone Price Cut Triples Sales

Tuesday, September 11th, 2007 at 3:10 PM - by

Analyst Gene Munster has reported that the iPhone price cut has tripled the daily sales from 9,000 per day to 27,000 per day.

Recently, it was reported that Apple sold 1M iPhones in 74 days. However, the initial shipment of 270,000 was likely sold out quickly, leaving 730,000 to be sold in perhaps 60 days. That works out to about 12,000 phones sold per day since the initial rush after June 29th.

Recent numbers put the sales at 9,000 per day and, according to Information Week on Tuesday, Gene Muster is reporting that the price drop has propelled sales to 27,000 per day. However, the analyst believes that the final number will settle down to about half of that leading up to the holiday period.

At that rate, according to IW, Apple could sell almost an additional 1.5 million phones by December 31st.

This will certainly get Apple off to a good start in 2008, and the chances now appear good that Apple will beat its own estimate for next year as well.

3 comments from the community.

You can post your own below.

+ show options

Your current settings, click to change: Sort Oldest First, Show Guest Posts, Hide Community Stats

daemon said:

member since 17 May 2007 with 343 posts, unranked, send him a message or view his profile

Tue Sep 11, 2007 7:03 pm

Isn't this the same yahoo who analysed that Apple sold 700,000 iPhones in it's first weekend?

Quote this post ↓

gslusher said:

member since 13 Nov 2002 with 2088 posts, unranked, send him a message or view his profile

Tue Sep 11, 2007 8:12 pm

This is compounding a WAG (wild-assed guess) with bad math. Munster's "survey" was in only a few stores in the NYC area. He has no idea at all--none--what the sales rate is or has been in the rest of the US. This is not surprising, though, given the source.

Quote this post ↓

Bosco said:

member since 03 Jun 2002 with 1001 posts, unranked, send him a message or view his profile

Wed Sep 12, 2007 11:28 am

Munster and Wu are all about the brand. No, not "iPhone". Not "Apple". Not even "AAPL". They are all about "Munster" and "Wu" (respectively).

Quote this post ↓

Post Your Comments

  Remember Me

Not a member? Register now. You can post comments without logging in, but they'll show up as a "guest" post.


Please enter the word exactly as you see it in the image above. Registered users aren't prompted for this. Having trouble reading the image get a new one.