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J.P. Morgan analyst: Verizon iPhone pre-order sales exceeded 500,000 units in 17 hours

“Verizon’s record sales of the Apple iPhone may have exceeded half a million phones on the first day,” Scott Mortiz reports for TheStreet.

“After breaking its previous phone sales record in the first two hours of pre-orders, Verizon continued to take orders for 15 more hours until 8:10 p.m. ET, wrote J.P. Morgan analyst Phil Cusick in a note Monday,” Mortiz reports. “Based on the pace of sales, Cusick estimated that more than 500,000 Verizon iPhones were sold on day one.”

Mortiz reports, “On Friday, Verizon said [the first two hours of] sales of the Verizon iPhone crushed its previous one-day sales record. Cusick wrote that that record was 100,000 Motorola Droids, a Google Android-powered phone that first sold on Nov. 6, 2009.”

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