Piper Jaffray estimates 500,000 iPhones sold in first weekend

“Piper Jaffray’s Gene Munster released a report Sunday night estimating that Apple sold about 500,000 [iPhone] units,” Tom Krazit blogs for CNET.

“Despite low supply at AT&T stores and activation issues, it appears that the iPhone era at Apple got off to a good start. Piper Jaffray said Apple had iPhones available in each one of its stores on Saturday, and in 84 percent of its stores Sunday,” Krazit reports.

Piper surveyed 253 people iPhone buyers in San Francisco, New York and Minneapolis and found that 95% purchased the 8GB iPhone and about half were new customers for AT&T, according to the report.

Full article here.

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

33 Comments

  1. From the Washington Post:
    “Rob Enderle, an industry analyst with The Enderle Group, said the activation problems probably won’t hurt iPhone sales.

    “This kind of thing is not unusual when you have this number of people trying to buy something all at once,” Enderle said.

    Depending on how the companies handle customer’s complaints, it could in fact help, he said. If customers feel the company has treated them well, they are more likely to buy and recommend its products in the future.

    “It doesn’t matter whether your product breaks or not,” Enderle said. ‘It matters how well you treat your customers.'”

    Whoa. Where is the real Rob?

  2. Just for comparison purposes, Palm sold 750,000 devices during the entire quarter that just ended.

    iPhone sold at least 500,000 in a single weekend. Already, they are a major player, if not the leader in smart phone devices.

    There is one clueless analyst that says 500,000 units in the opening weekend is “disappointing.” He obviously can’t do math and seems to have avoided doing any sort of calculations whatsoever – his justification for “disappointing” was that Apple didn’t sell out immediately. By his reasoning, if Apple had made 10 million iPhones before launch and sold 5,000,000 of them, it would still be “disappointing” because Apple didn’t sell out.

    So many retarded people in the world these days, driven to idiocy by all the organic hate chemicals in their brains.

  3. From a great comment by chabig83 on the CNET article:

    In 10 months ending June 30th, MS hoped to sell a million Zunes.(Any news to report, MS?)

    In 2.5 days ending July 1st, Apple estimated to have sold .5 million iPhones (list price closer to $599 but with subscription, really over $1500). And almost certainly if that is true, then by the end of this month, Apple will cross the million iPhone mark.

    Game over?

  4. It’s still too expensive for me. And far more capable than I need. But … it was ! great ! seeing long lines at store after store, all around the country. There was a little of that for the Vista launch, but not nearly so much. This has GOT to have made an impression in Redmond.

    DLMeyer – the Voice of G.L.Horton’s Stage Page Pod Cast

    We’re BACK ! ! !, after missing last week’s show due to dead Broadband.

  5. “AT&T should be kissing Steve’s feet right about now.”

    They should be terrified. If Apple has their way, they’ll do to the mobile carriers what they did to the music industry: Dismantle their malfunctioning business model and build a new one with Apple in a position to dictate terms.

  6. I’d have no trouble believing that Jobs is personally disgusted by the flipping of first-day products on eBay — “you mean you don’t love it and it’s just commerce!” – and set out to make sure that no one would be scalped for his precious iPhone.

    Whatever, Apple has learned its lessons from the iPod shortages.

  7. @ DLMeyer
    “It’s still too expensive for me.”

    It’s really not. Once you get it in your hand, and you realize how much you can do with it, 600 bucks was a deal. I like it more every time I touch it.

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