Tuesday, July 24, 2007

iPhone Sales Disappoint

Remember my previous post about analysts estimating that Apple sold a half-million iPhones in its first weekend of release? Wrong, sorry. Apple just announced its latest quarterly results, and the real number of iPhones sold wasn't 500,000, it wasn't 400,000, it wasn't even 300,000. Nope, AT&T reported activations of just 146,000 iPhones. Now, that's not a small number, but it's not a half million. (And it's nowhere near the 8 million copies of the last Harry Potter book sold in its first weekend of release.)

Some analysts are predicting iPhone sales to increase from current rates, but I think not. The first weekend was a tremendous sales surge, based on pent-up demand from die-hard Apple cultists, gadget geeks, and fashion trendists. Sales from here on out will be to normal people, and normal people are less fascinated by Apple's overpriced, under featured first generation phone.

I hold to my previous advice. Wait for iPhone 2.0 -- it'll fix all that's iffy with the current model, and probably be a better deal, besides.

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