Piper Jaffray: iPhone 3G S looks like another blockbuster release for Apple

Buy a Mac, Get a FREE Olympus 10MP Camera“As we head toward the release date for Apple’s next big iPhone, the 3G S, pundits and experts are stepping forward with some pretty robust sales estimates,” Jim Goldman reports for CNBC.

“At the same time, AT&T is taking issue with the legions of blogs and websites reporting that the company is sold out of its iPhone allocation. Let’s hit that one first: a spokesperson tells me that indeed, pre-orders are now showing a 7 to 14 day delivery delay beyond the June 19 release date for 3GS, but that AT&T WILL HAVE the phones on store shelves on Friday,” Goldman reports. “How many and for how long remains to be seen, but rumors that the phone is already sold out are simply not true, I’m told.”

Goldman reports, “Now, on to sales projections: Piper Jaffray anticipates 500,000 to 750,000 units will sell in 3G S’s [not counting iPhone 3G units] first weekend, compared to the 1 million iPhone 3G’s that sold in its first weekend a year ago. (Palm’s Pre did anywhere from 50,000 to 100,000 units for Sprint in its first weekend, depending upon whom you believe, by the way.)”

Goldman reports, “Piper also says that Apple will sell 1 million units before the quarter ends, or about 20 percent of the 5 million estimated iPhones expected to ship on the quarter… [Those] numbers are intriguing. For one, they suggest another blockbuster release for Apple. For another, you wonder if the numbers would be even stronger if Apple hadn’t cut the price of the existing 3G to $99.”

Full article here.

[Thanks to MacDailyNews Reader “JES42” for the heads up.]

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