Analyst #2: Apple sold 700,000 iPhones, Not 500,000

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Pic by Leander Kahney: Apple’s San Francisco store on iPhone opening night.

Goldman Sachs analyst David Bailey thinks Apple sold 700,000 iPhones on its opening weekend, more than half again than the 500,000 estimated by his esteemed colleague Gene Munster.

Bloomberg reports that Bailey initially pegged 350,000 iPhone sales, and Munster estimated 200,000.

Said Munster: “In 2009, we estimate a third of Apple’s sales will be from iPhone. This is a huge product.”

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Leander Kahney is the editor and publisher of Cult of Mac, and author of three books about technology culture: Inside Steve’s Brain, the New York Times bestseller about Steve Jobs; Cult of Mac; and Cult of iPod. Leander has written for Wired, MacWeek, Scientific American, and The Guardian in London. Follow Leander on Twitter @lkahney and Facebook.

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Posted in iPhone |

imajoebob
Uh, not to be picky, since I’m a bit of a fanboy myself, but “half again” of 500K is 250K, or a total of 750K. Last I checked 700K is less than 750K, not more. Granted, it’s more than triple Munster’s estimate, and double Bailey’s original, but it’s only 40% more than Munster’s 500K.
Just sayin’…
[N.B. I think the comparative "a shitload more than Munster's 500,000" is an acceptably accurate measure]