“Apple Inc. may sell more than 800,000 iPhones this quarter, beating the company’s goal of 730,000, as consumer demand for the device stays strong, UBS AG analyst Benjamin Reitzes said,” Crayton Harrison reports for Bloomberg.
“Retail outlets of Apple and AT&T Inc., which offer the phone exclusively in the U.S., have reported ‘solid demand,’ Reitzes said today in a research note. His estimate for sales of the device, which combines an iPod music player with a mobile handset, was ‘conservative,’ he said,” Harrison reports.
“Chief Executive Officer Steve Jobs said last month he expects to sell 1 million iPhones by the end of this quarter,” Harrison reports. “Apple reported 270,000 iPhone sales last quarter after the product debuted June 29.”
“iPhones are selling at a rate of about three per day at AT&T stores, compared with about five a day at Apple’s outlets, Reitzes estimated. AT&T is selling the device through about 1,800 company-owned locations, while Apple has about 150 U.S. stores,” Harrison reports.
“Apple may update its iPod lineup next month, Reitzes said. He expects a video-playing model, with a touch screen that’s similar to the one on the iPhone, for less than $300,” Harrison reports.
Full article here.
[Thanks to MacDailyNews Reader “itswayning” for the heads up.]