Goldman Sachs analyst pegs Apple iPhone sales at up to 700,000 units in first weekend

“Apple Inc.’s initial iPhone sales may have beat analysts’ top projections, suggesting Chief Executive Officer Steve Jobs will reach his goal of making mobile phones as profitable to the company as computers and the iPod,” The Contra Costa Times reports.

“Shoppers may have bought as many as 700,000 units over the weekend, Goldman Sachs Inc. analyst David Bailey said, twice his projection of 350,000. Piper Jaffray’s Gene Munster pegged sales at a bout 500,000, more than twice his original 200,000 estimate,” The Contra Costa Times reports.

Full article here.

[Thanks to MacDailyNews Reader “Dion” for the heads up.]


  1. i don’t think we will see any numbers from apple for a while; why let your competitors know exactly what is going on? let their imagination run wild, causing nightmares. what’s that? their competitors have proven they don’t have any imagination? oh, yeah, well, keep ’em guessing anyway.

  2. “Every time an iPhone is sold, an office chair dies.”


    I think Apple is not releasing numbers because they are close to 1 Mil and they want to wait until then.

  3. I was actually surprised at how easy it is to type with 2 index fingers on the iPhone. These people complaining about it are trying to type with the crappy, carpal tunnel-inducing, two thumb technique of the crackberry fools. Type like a normal freakin’ person and it will work. Then, stop your bitchin’!!!

  4. Way to go Apple. One thing to note the iPhone sales are actual sales to the user, unlike Microsoft when they post sales for the Zune or Vista that sales figure is to the supply house not the actual customer.

  5. Averaging the cost of the two iPhone models, that puts weekend revenue from the iPhone only at $385M! That’s 8.8% of Apple Inc’s Revenue from last year’s quarter that ended on 07-Jul-2006. Very impressive.

  6. Analyst A = 200K
    Analyst B = 500K
    Analyst C = 700K

    This is so ridiculous; these guys don’t even come close of each other’s prediction. Why taking the risk and look stupid … again. Just wait for the bloody Press Release from Apple. Jesus!

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