iPhone Weekend One: 700,000 Sold, $200million+ Profit For Apple
Duncan Riley
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After speculation earlier in the week that Apple had sold between 400-500,000 iPhones,
Based on the cost of manufacturing an iPhone (see post July 2), Apple would have made a profit of between $200million and $266 million in 3 days (not including marketing costs), on sales somewhere between $350million and $420million, significantly more than earlier estimates of Apple having a $300million weekend.
Saying the iPhone has been successful at this point would be matter of stating the blatantly obvious.
Update: corrected reference to figures. The 700,000 figure may be another analyst figure according to a comment, although other places are reporting the 700,000 as the actual figure.
(image credit: Engadget)




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