Monday, September 10, 2007

1 Million iPhones in 74 Days

Apple announced today that it sold it's one millionth iPhone
over the weekend, 74 days after the product introduction, and within a day or two of its announcement of a substantial price reduction.

Apple noted that it took nearly two years after introduction to sell one million iPods.

Pundits who were writing that Apple's $200 price reduction signaled weak sales have not commented on the company's announcement or its sales pace of more than $1 billion per year from a single market.

Meanwhile sales of Apple's Mac computers grew three times as rapidly as industry averages. The Mac laptop is first in market share.

PC Magazine, not known for its affection for Apple, recently rated the Mac as the fastest Windows machine around.

It's not nice smart to bet against Steve.

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