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News Update: Analysts Offer Sales Estimates for Apple Inc’s iPhone 4: 1.5 Million at Launch
News Update Analysts Offer Sales Estimates for Apple Inc s iPhone 4 1 5 Million at Launch | BahVideo.com
Watch News Update: Analysts Offer Sales Estimates for Apple Inc’s iPhone 4: 1.5 Million at Launch

News Update: Analysts Offer Sales Estimates for Apple Inc’s iPhone 4: 1.5 Million at Launch

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Apple Inc. (NASDAQ:AAPL) iPhone 4s sold 1.5 million units, according to Oppenheimer & Co. senior analyst for applied technology and executive director Yair Reiner, who took a shot at calculating sales from Thursday’s launch, though the official number is not yet certain. To get the estimate, social media site Mashable.com reports that Reiner did the math using the 600000 iPhone 4 pre-orders and estimated that 100000 additional units were sold at Apple stores, along with 50000 sold at Best Buy Co. (NYSE:BBY). Reiner then multiplied the added number by two to account for international sales. Piper Jaffray Co. (NYSE:PJC) analyst Gene Munster, however thinks that Apple iPhone sales will range from 1 million and 1.5 million in the first three days, including pre-orders. Both analysts surveyed iPhone customers Thursday to arrive at their estimates, but will just have to wait for the official numbers to be tabulated. Shares of Apple are trading down 0.54% Friday afternoon at $267.54.
Channel: YouTube
Video Length: 70
Date Found: June 25, 2010
Category: News
Date Produced: June 25, 2010
View Count: 0
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