Analyst: Apple iPhone sales triple after $200 price cut

“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.

32 Comments

  1. Newport is right. Chi-town has the best hotdog and pizza joints. Chicago style hotdogs and stuffed pizza are amazing. Too bad I’m in Minnesota… wah!

    A secret shopper’s life isn’t that attractive…unless you get off on being a bit of a douchebag. It’s all about deception and snitching. I did this for a marketing research firm right out of college. They pay you crap knowing another person will line up in your place should you quit. They were always looking for middle-aged housewives at the time.

  2. Newport-
    The original Starbucks is actually within Pike Place Market. But you would know that because of all your travels writing shopping experiences for a secret company that corrects your grammar for you and explains what you really meant.

    MW: “s#!t” as in, “you don’t know yours”

  3. Darn it, I just ate supper and you guys made me hungry again. I’m heading for Chicago right now. I’m gonna have some of those hot dogs, but instead of getting them on a bun, I’m going wrap each one in a slice of pizza. Only in America, baby!

  4. Did you know:

    -the Puerto Nuevo Hotel in Newport have microwave ovens in the rooms?

    -the Ripley’s B-I-O-N is owned by the Jim Pattison Group?

    -the Sizzler’s buffet doesn’t look like a pig trough?

    -the kite that went flying past the KFC back in 1995 was mine?

    -the Mexican restaurant next to the video arcade would serve a liter of very drinkable house Zinfandel for less than six bucks?

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