It will be a while before the official numbers get along in , but some Wall Street analysts say that Apple might have betray as many as 700,000 iPhones over the equipment ’s orifice weekend .
That figure comes from Goldman Sachs analyst David Bailey , who had project 350,000 units sell prior to Friday ’s launch .
Other analysts also projected robust gross sales for the weekend . Piper Jaffray ’s Gene Munster put sales at about 500,000 units , more than double the 200,000 he forecast before the iPhone went on sale .
“ Apple has really meet expectations and fork up the product they promised to fork up , ” said Michael Gartenberg , frailty President of the United States and enquiry director at JupiterResearch . “ If the initial forecasts of sales are right they have blown away everyone ’s prospect , except perhaps their own . ”
Not every psychoanalyst saw the weekend as a success . JP Morgan analyst Bill Shope pegged sales at close to 312,000 for the weekend and order in a note to client that demand may have been a mo disappointing .
It ’s clear that the iPhone generated a fortune of interest on Friday ’s launching day . Some shoppers reported time lag in activating , which some psychoanalyst attributed to high volume ; AT&T tell most issues have been resolved .
Approximately two percent of drug user have reportedly been strike by energizing issues . Analysts do n’t see the problems over the first span of days affecting the iPhone over the foresighted terminus .
“ This is a new process , but most of it was you had 500,000 people trying to activate their iPhones over one weekend , ” said Gartenberg . “ There is a certain defeat when you spend $ 600 for a gimmick and need use it right off , but it ’s not something that ’s depart to happen all the time.̵
It ’s not unprecedented for high-pitched digital sale to slack down religious service . Last December , busy vacation salesoverwhelmed the iTunes Storeas shoppers redeem their digital talent certificates .
After using the gimmick for the weekend and librate the affects of the AT&T activating issues , analysts believe the iPhone itself and the launch event that take berth around the country have been successful .
’ It ’s hard to sell 50,000 units permit alone 500,000 — that intend they really strike the consumer consciousness , ” said Gartenberg .
“ Clearly , the launch was execute very well , ” said Ross Rubin , director of diligence analysis at The NPD Group . “ The iPhone invention reflects the level of flexibility that lies forwards for the industry . ”
