Along with the introduction of multi-tasking for iPhone apps, performance upgrades and mobile advertising, the iPhone OS 4.0 event Thursday also offered some insight for Wall Street. CEO Steve Jobs said iPhone sales had passed the 50 million unit mark, which translates to around 7.5 million Apple handsets shipped in the March quarter.
The figure had the Street rushing to compare Jobs’ statement with other Apple projections. High on that list was Piper Jaffray analyst Gene Munster, who had expected Apple to sell 7.5 million iPhones during the period. Munster’s right-on call for iPhone sales came on the heels of a wide miss on first-day iPad sales. The analyst, you’ll recall, told investors up to 700,000 iPads may have sold April 3. A day later, Apple announced 300,000 of the tablet devices were sold the first day.
Speaking of the iPad, the Cupertino, Calif. company has sold 450,000 of the devices in the first five days, along with downloads of 3.5 million apps, according to Jobs.
[via Barron’s and AppleInsider]
