Apple Sells Roughly Half A Million iPhones Over The Weekend

By Amit Chowdhry • Jul 2, 2007

It has been less than 7 months since Steve Jobs went on stage at the Macworld Conference & Expo to announce the iPhone. The hype that has been building since then helped stimulate the desire for consumers to get their hands on the device.

According to investment bank company, Piper Jaffray, the Apple iPhone has sold roughly 500,000 phones since Friday, June 29 to close of business on Sunday. iPhones were available at every Apple store, but AT&T had lower supplies, sold out fast, and had troubles with helping users activate their iPhones.

The iPhone is off to a good start, but will not likely to see sales get as high as the iPod for a while keeping in mind that the telecommunications infrastructure in America is different than in the rest of the world.

About 95% of the iPhone buyers were in San Francisco, New York, and Minneapolis.

[Source: Piper Jaffray]