AfterDawn: News

UBS: iPhone sales may top 800,000 units

According to a UBS research note on Tuesday, Apple Inc.'s iPhone may reach a unit sales figure of 800,000 in the current quarter. By doing so, it would beat Apple's own hopes of 730,000 over the same period of time. "Our checks continue to indicate solid demand for the iPhone despite typical moderation in excitement from launch and extremely high expectations," analyst Ben Reitzes wrote.

The iPhone was one of the most anticipated gadgets as soon as Steve Jobs showed it off back in January this year. Apple had previously stated that the company could sell 10 million iPhones, not a huge share in the market for the company at all, but considering the high-end price of the gadget, it could ignite consumer interest in feature-rich expensive models.



On July 25th, after selling 270,000 iPhones in Apple's fiscal third quarter, the company said it expected to sell the millionth iPhone in the fourth quarter ending in September. "Our findings point toward modest upside to our fiscal 4Q07 (fourth quarter, 2007) shipment estimate of 800,000 units. In addition, we believe the Mac story is exciting as demand is strong for notebooks and recently introduced iMacs," Reitzes said.

Source:
Reuters

Written by: James Delahunty @ 23 Aug 2007 19:31

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• 5 comments

• plutonash

  Haven't heard news about the iphone in while was kinda enjoying. Cool Machine but way to much exposure time.

  24.8.2007 05:02 #1

• Unfocused

  So, is this going to be the next Nokia 5160? Is everybody going to have one of these?
  
  I'm happy to say that I will not be counted among this number.

  24.8.2007 05:54 #2

• SProdigy

  Good job Apple. Drop the price and I'll get one too. But so far, they're on pace to beat Zune.
  
  If this was a Sony product, would we hear news that they already "won the war"? LOL

  24.8.2007 07:31 #3

• sheri1983

  Originally posted by Unfocused: I'm happy to say that I will not be counted among this number.
  So are we!

  30.8.2007 15:13 #4

• borhan9

  The Iphone was always going to increase its numbers. I just wanna see how Nokia comes up with a model to challenge the iphone. :)

  31.8.2007 14:33 #5