“Piper Jaffray’s Gene Munster, whose 50-hour survey of Apple stores produced the most definitive estimate of iPhone sales to date, has combined his data with [Monday’] report that Apple sold its 1 millionth iPhone on Sunday to calculate the effect of last week’s 33% price cut,” Philip Elmer-DeWitt blogs for Business 2.0.
Elmer-DeWitt reports, “By Munster’s reckoning, Apple and AT&T were selling an average of 9,000 iPhones a day before the price reduction [and] 27,000 a day [after the price cut],” “The new rate, Munster writes in a report to clients issued yesterday, ‘clearly represents an initial surge that is not sustainable.’ He estimates that sales will stabilize at a 50% increase.”
Full article here.
Boom!
Now watch the stock go down a few points. Go figure.
Fact:
I have visited many Apple Stores all over the US as part of a *cough* paid observation. (By whom I’m not allowed to tell)
1: Some Apple Stores are very busy at certain times of the day.
2: Some Apple Stores are not busy at any time of the day.
It all depends upon what are of the country it is in, the economic and technological status of the area’s population is.
Since AT&T;isn’t “everywhere” like North and South Dakota for instance, the iPhones sales for those areas is minimal at best. Other areas AT&T;has a agreement with local carriers to carry their calls, but no data. So those areas too are slow iPhone sales areas. For instance the Mall of America Apple Store is rather slow.
Of course high concentration tech areas like LA, NY, Seattle the Apple Stores are mobbed. But the Miami Apple Store is rather slow most of the time except near the holiday iPod sales time.
So 50 hours is by no means accurate enough to gage anything and purely propaganda.
$150 per share by October 5.
A drop to $139 after the keynote around October 10th.
At which point it would actually be a good time to buy.
@Newport Harbor OR
You can’t even write a coherent sentence; who would hire you to report on Apple Store sales? You’re late for high school. Now go!
The Apple Store on Michagan Ave, Chicago is crowded everytime I see it, no matter what day.
“It all depends upon what are of the country it is in, the economic and technological status of the area’s population is.”
W-H-A-T? Are you OK?
I’ll estimate that sales will stabilize at a 52% increase
I decided to purchase an iPhone earlier this week. My local Apple store isn’t selling anything this week … they’re closed for renovation all week. (just my luck) So I got my iPhone from an AT&T;store instead.
Stevo genius is showing us the way again. Keep in mind, just like the new iPods, the iPhone drop in price is geared for HOLIDAY SEASON. So therefore, the ‘surge’ will be sustained for the next several months with out relenting!
Then in early spring the troop levels will decline as prescribed by the extended tour of duty…ahh wrong post!
“It all depends upon what are of the country it is in, the economic and technological status of the area’s population is.
W-H-A-T? Are you OK?”
I think he meant:
“It all depends on what part of the country the store is in, and the economic and technological status of the area’s population.”
It happens… especially if you go back to rewrite part of the sentence but miss deleting a few words or changing a few parts or something. I still understood it on my first reading.
Yes, I\’m paid to travel, wait and observe, sometimes even to shop. To report my findings back to corporate, write something up as a observation.
Somebody else edits for grammer, meaning and all that crap.
I feel like the FBI sometimes, being able to visit anyone anywhere.
I detest NYC and Chicago, also beleive it or not, SoCal because of the smog. Seatle is nice, except for that behemouth in Redmond.
Did you know Eddie Bauer world HQ is located right next to M$?
Honeywell too.
makes you think.
iUnlock will also have some influence on sales.
mrt: “I decided to purchase an iPhone earlier this week.”
Congratulations! Wise choice.
The Apple Store on Michagan Ave, Chicago is crowded everytime I see it, no matter what day.
yes it is. very much so.
I like the hot dogs and pizza there
@FoF
The point is, how credible will his report be if he can’t write coherently? If I were the one who hired him, I would probably have to let him go after reading his first report.
Perhaps you could give him a job? You could rewrite his reports prior to sending them up the chain of command.
Hey is anyone else having any problems getting ringtones from iTunes to iPhone? I can edit them and buy them but they won’t sync to my phone. Are they waiting to turn on ringtone for the iPhone too?
like, you know, our store in fashion island is like, em, you know, always packed. its totally like, you know, the place to go.
Wait – the Chicago Apple store sells hot dogs and pizza?! Sweet!
You’re so well travelled, and you know things about these cities that only locals would know! So tell me, what do they eat in Philadelphia? Could you tell us more about your travels? This is really interesting stuff. I had no idea that people in Chicago liked hot dogs and pizza!
How long before the iPhone gets the 16GB HD that the new iPod Touch has??
Bump up the iPhone to 16, and Apple has my purchase!
what do they eat in Philadelphia?
Philli cheese steak sandwiches of course, best anywhere.
I had no idea that people in Chicago liked hot dogs and pizza!
Chicago hot dogs ARE the BEST. It’s all the tasty things they put on it. If you live in the Northwest, visit Bellingham WA and downtown is a lady with a hot dog stand from Chicago that makes them.
By the way the original Starbucks is near Pikes Place Market in downtown Seattle WA.
If your on the Oregon coast, make sure you visit Mo’s and get a bowl of clam chowder. (secret ingrediant is smoked bacon flavor)
Newport Harbor OR has some of the freshest seafood resturants, fresh off the boat. Wait for razor clam season. yum.
Did you know there is no lobster in the Pacific Northwest?
New Mexico has some of the greatest mexican food and very different looking houses.
“How long before the iPhone gets the 16GB HD that the new iPod Touch has??”
It’s probably in an Apple lab right now along with a few dozen other prototypes across the products lines.
sidenote: Did you check the Apple Discussions board?
Depending on your problem, one of these topics might help:
http://search.info.apple.com/?search=Go&lr=lang_en&kword;=&type;=&newstype;=&q=iphone sync
“Did you know there is no lobster in the Pacific Northwest?”
Nice try. Now you’re just making things up.
Try Salty’s in Seattle.
“Our world-class restaurants give you your choice of everything from live Dungeness crab and Maine lobster (they’re swimming in our saltwater tanks in the lobby) . . .”
http://www.saltys.com/
@newport harbor or
I want your job. who do you work for?
@Newport Harbor OR – thanks for posting. very interesting info. don’t worry about people that can’t figure out that “are” was meant to be “area”. Posting on a forum is meant to be a laid-back event; no grammar/spelling cops needed.