“One month after its debut, Apple’s new iPhone has hit the 3 million sold mark, according to analyst Michael Cote of the Cote Collaborative,” Scott Moritz reports for Fortune.
“‘They are seeing unprecedented demand,’ says Cote, adding that there appears to be no signs of a let up yet. Cote, a former T-Mobile executive, has been extremely accurate with wireless predictions in the past,” Moritz reports.
“An Apple spokesperson declined to comment on Cote’s projections,” Moritz reports.
“The blistering sales pace of Apple’s new gadget defies the otherwise downward trends in consumer spending, employment levels and overall economic health. The 3 million figure is much higher than Wall Street analysts had anticipated. Forecasts called for total quarterly sales of three million to four million,” Moritz reports. “Three days after the new iPhone’s July 11 debut, Apple announced that it had sold 1 million iPhones.”
“‘The demand is so strong it may impact or delay the new countries coming on,’ Cote says,” Moritz reports. “That probably isn’t the worst problem Apple could face.”
Full article here.
[Thanks to MacDailyNews Reader “Mike in Helsinki” for the heads up.]
All together now: Bloodbath!
I’m switching once my contract is up next month.
3mil in 30 days, averaging 1 mil every 10 days… 100,000 every day… and something around 91 days in a quarter?
If Apple keeps this up (and with new countries yet to start up I wouldn’t be surprised) it will sell something around 9 mil iPhones by the end of the quarter… damn… there goes Job’s plan for 10 mil by the end of 2008, we are almost there now and we have a lot of 2008 left to go!
“All together now”: Tsunami!
I went to the Manhattan Beach, CA, store over the weekend and there was a line outside the store. People were actually lined up outside the mall to get into the Apple Store line. As one who has lined up a number of times for Apple products and openings, even I couldn’t believe that people are still lining up for the iPhone a month after its release.
4 million old iPhones this year (I think it was)
3 million iPhone 3G in first month
16.8 million (at 21 weeks at 800,000 per week)
23.8 million iPhones will be sold in 2008.
More than macs
A very effective sales tracking effort is being carried on at TheMacObserver. It is based on tracking iPhone serial numbers. Go here http://tinyurl.com/5e5o7f and post your iPhone 2.0 info.
There is a link from that site to results.
Even more so, the pace is 3G iPhone sales is likely to accelerate, given that new countries will be added soon. I think it is safe to say that they probably hit 20m or more this year
this amount even with not a single one available at AT&T;stores…
imagine when they actually get some stock
I almost dropped my Treo 750 in the water this weekend. I guess I’ll have to try a little harder to make it look like an accident.
-H
New Math time.
Apple sold a million in three days and three million in thirty days. Let’s do some simple, conservative, rounding and lower that to three million in thirty-three days. That makes it easier to say TWO million in the month following the opening weekend. Now we’re down to maybe 70,000 a day – rounding back up from 66,667 a day.
Or, Apple sold just under FOUR million in the last four months! There are many valid ways to spin the numbers, ways that are not quite so positive as “three million in a month” would seem. Four million in four months easily tops the “ten million in a year” goal Apple set for itself. That’s gouging out a niche half the size of the WinMobile market. Neat!
Cote of the Cote Collaborative
Is that like Enderle of the Enderle Group?
We need to step back and look at the author of this article: Scott Moritz. Last year, he kept trumpeting the ‘whisper number’ of one million iPhones for the first weekend. When that didn’t materialise, he panned the stock. Essentially, this guys has all the properties of a typical pump-and-dumper. He’s pumping AAPL now, hoping to dump on it come OE in October. It didn’t work for him last time, though, and very little evidence exists to confirm that it would work for thim this year.
As for the 3 million number, he just might be right, considering that a million was reported after the first weekend. I’m thinking, 7 million in this quarter isn’t out of reach. Add to that the 3-4 million of first-gen iPhones sold in the first half of the year, and they should top the 10-million 2008 figure even without the Christmas quarter. Can anyone here imagine how high we may go in the Christmas quarter alone?
M$ spins about licenses sold. Anyone know how many MS equipped phones are sold? I hesitate to use words like “smart phone” and MS in the same sentence.
” I couldn’t believe that people are still lining up for the iPhone a month after its release.”
if you’ve brought one, you’ll know that the reason is because Apple’s sales and setup process for them is exceeding inefficient. It must be the fault of the multiple entry of the same information, the fact it seems to take about 5 people to get your iPhone to you and the Windows Mobile handheld they use to sell the phones. You would have thought that Steve would have demanded that they use an iPod Touch instead of a Windows based device.
Yes, yes. This is good news for sure. But will it end up backfiring abit when the factory in Taiwan can’t get it’s quality control straight.
Come on AAPL. I’ve thrown a good 12 grand down you since ’98 and have defended you against my M$ loving mates. But the 3g case cracking and simple things like the consistant software bugs is really straining my loyalty.
AAPL needs to at least have a simple statement addressing the cracking plastic casings. The ivory tower effect by this company will turn converts away fast, as it would remind them of the previous system that they left behind,(M$).
BTW, the original iPhone was a great build. The 3g however… I have gone through 3 of them in 3.5 weeks. Two including my current have the cracks and the second one had several rather noticable dust particulates under the glass screen. This phone is not made by the Apple that I once knew and loved.
Flame suit on.
Which “ANAL-yst” were saying 10 million, not possible for Apple? hehe
If MDN wants to have any credibility, they will take this analysts words with a grain of salt, just like they always do when the analysts say something BAD about Apple. MDN rails hard against analysts when they paint Apple in a negative light, but then cheer them on with “bloodbath!” when they paint Apple in a good light.
And don’t complain about the price.
If it had shipped with “I Am Rich” pre-installed, it would have been $1198.99.
Now that’s what I call a freaking huge niche market!!
Check this out verizon now is getting visual voice mail. Those Wanna-bee’s.
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY;=/www/story/08-11-2008/0004865321&EDATE;=
“There’s no chance that the iPhone is going to get any significant market share. No chance.”
– Steve Anthony Ballmer, CEO, Microsoft
@ FreddyThe Pig – amen to that brother.
Solipsism is a curse of man – the Sun gently revolving around the Planet Canuck guy in this case.
<sarcasm> Apple should buy him a new Macbook pro as compensation. </sarcasm>
Presumably he has now got a new working iPhone that doesnt have the minute cracks or the dust (WTF?) problem.
Doesnt that mean that Apple is efficiently and quickly replacing the inevitable little issues on a TINY number of iPhones?
Seems to me that his post proves that Apple is doing a fine job.
fyi Apple year ends in September. So Christmas sales will be reported as first quarter of 2009
I will bet that Scott Moritz pulled his leg out having to report these iPhone sales estimates because traditionally he is anti-Apple even though from the back he resembles a polished one.