iPhone - 700,000 Strong in 3 daysWow! At&t and Apple sold about Seven hundred thousand in a weekend. As of today, I have to agree with the New York magazine that refers to Steve Jobs as iGod.
From my perspective he has done it again!!! We (oops, I am not but wish I was a part of Apple) did it again! Our crystal ball has given us a glimpse of the future, we created what no other man has been able to create….we morphed the iPod to make and receive calls, and we shall call it iPhone. I removed ‘the’ before iPhone to show its importance.
The Mercury News said that David Bailey, a Goldman Sachs analyst reported, “Our checks show that better-than-expected supply and mix throughout the weekend was met by a frenzy of demand, driving our . . . expectations for iPhone higher," Bailey raised his estimate of total iPhones sold over the weekend to 700,000, double his prior forecast.
Based on these two days performance I (triageitc) will bet my bottom dollar on Apple and at&t to achieve their 10,000,000 forecast well before the end of Q3 2008. My earlier forecast was Q3 2008 and after my quick calculations this morning, I am revising it to exceed the 10,000,000 target before Independence Day.
The downside; there are delays in activating ones iPhone and this figure is about 2%. Apple, more so, at&t need to resolve this issue otherwise the bad news will affect sales over the short term. And, we know what the impact of negative news has on sales.
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