Analyst: 3 million iPhone 3G units sold in first month

“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!

27 Comments

  1. Nope. Good try guys. That’s the spirit. Bash another mac user and make him seem self centered if he were to dare complain about Apple.
    The fact that I am on my third phone and cracks are developing every few days, (it’s only eight days old now). So how does that make me less of a mac user. There is a problem with the QC on enough units to make the discussion boards and Apple acts as if nothing is going on; that is until you call support and they acknowledge that it is an issue.
    The problem with you smug fanboys is that when an individual has a legitimate concern you go into defcon one and flame anyone that you feel is a threat to your loyalty.
    It’s a computer company kids. Stop treating it like a political affiliation.

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