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September 10, 2007

On day 74 a million iPhones sold, an average of 13,513 sold per day

news, finance — by TDavid @ 10:49 am PST

AAPL Stock: Apple statement says they've now sold one million iPhonesSeeing several different reports that Apple has made a statement saying they’ve reached the one million iPhones sold mark after 74 days on the market. Apple stock (disclaimer: I own Apple stock) has been lagging since the announcement they slashed the price of the iPhone, but is getting a slight bump today.

I don’t recall if reports estimating the opening weekend selling 500,000 iPhones were ever validated by Apple (link anyone?), but 65% of stores had iPhones in stock on July 2. Macworld pointed out that 270,000 were sold the first 30 hours according to the fiscal third quarter.

Let’s assume only 300,000 iPhones were sold the first weekend instead of half a million predicted. Now, let’s do the math on the remaining 700,000 iPhones sold since then:

700,000 / 71 days
= 58,333 9,858 iPhones sold per day

compared to opening weekend (estimate):

300,000 / 3 days
= 100,000 iPhones sold per day

Overall numbers:

1,000,000 / 74 days
= 13,513 iPhones sold per day

I’d be curious to know how many iPhones had been sold at the higher price and see what the jump has been the last week at the lower price. I’m guessing there was a resurgence similar to the launch numbers. Will be interesting seeing how long it takes Apple to get to two million iPhones sold so we can do the math again. This gives us some mathematical benchmark to determine whether or not the iPhones are selling like iPods or declining in numbers.

With the holiday season approaching in the fourth quarter, it wouldn’t be surprising to see them rack up another million iPhone sales before year end. Will they reach three million? Four million?

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RSS Feed comments for this post 3 Comments »

  1. “700,000 / 71 days
    = 58,333 iPhones sold per day”

    I think you mean 9,858 iPhones sold per day. At your rate, that’d be more than 4 million sold already, or more than 1 iPhone per 100 people in the US :-). It’ll get there someday, just not yet ;-).

    Great site, keep up the good work.

    Comment by Ravi — September 10, 2007 @ 11:33 am PST

  2. Yeah, that’s some messed up math Ravi, lol. Corrected, thanks.

    Comment by TDavid — September 10, 2007 @ 11:45 am PST

  3. well if its any indication I got mine the day after the price dropped!!! Go iphone go ps the keyboard isnt that bad.

    Comment by Bill — September 11, 2007 @ 5:03 pm PST


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