Apple Sold 270,000 iPhones in First 30 Hours

Discussion in 'MacRumors.com News Discussion' started by MacRumors, Jul 25, 2007.

  1. macrumors bot

    MacRumors

    Joined:
    Apr 12, 2001
    #1
    [​IMG]

    Mixed in with Apple's Financial Results, Apple announced that they sold 270,000 iPhones in the first 30 hours of iPhone sales.

    The number was included with their financial results product breakdown and listed as 270,000 "iPhones and Related Products and Services".

    Despite this vague wording, during the conference call, Peter Oppenheimer cleared stated that Apple sold 270,000 iPhones in the first 30 hours of sales.

    Article Link
     
  2. macrumors 6502a

    Joined:
    Jun 25, 2007
    Location:
    College Station, Tx
    #2
    thats 2.5 per second, that is truly impressive
     
  3. macrumors 65816

    chr1s60

    Joined:
    Jul 24, 2007
    Location:
    California
    #3
    270,000 phones in 30 hours is excellent. It has been weeks since then so I am sure they have probably sold around 500,000 or more by this point.
     
  4. macrumors 65816

    Squonk

    Joined:
    Mar 15, 2005
    #4
    270,000 for the first 1.5 days of availability is most excellent. I can't wait to hear what that number will be for the current quarter! Wahoo!!!!
     
  5. macrumors 6502

    donlphi

    Joined:
    May 25, 2006
    Location:
    Seattle (M$ Country)
    #5
    That's amazing... just wish I owned stock :(

    Too late to get in the game you suppose?
     
  6. macrumors regular

    ThanatosId

    Joined:
    Jun 29, 2007
    #6
    Stock up 7 points after hours at 5:20pm!! And it is deserved! It is so funny that 400 posts were on that 146k number. Many calling the iPhone a failure:):rolleyes::rolleyes: WRONG!!!!!
     
  7. macrumors 68000

    Lancetx

    Joined:
    Aug 11, 2003
    Location:
    Texas
    #7
    The 270,000 sold is indeed accurate. A very impressive debut indeed. I still say AT&T had a lot more initial activation issues than they will ever admit to, but at least Apple apologized for those problems during the conference call.
     
  8. macrumors 65816

    Joined:
    Jun 1, 2004
    #8
    Well actually if you consider store hours it is over 4 per second.
     
  9. macrumors 6502a

    Joined:
    Jun 25, 2007
    Location:
    College Station, Tx
    #9
    hey if you want, you can still get in the game, because the stock is going up about 10 bucks tomorrow most likely.

    ex ped: i apologize for insulting LanceTX
     
  10. macrumors 603

    whooleytoo

    Joined:
    Aug 2, 2002
    Location:
    Cork, Ireland.
    #10
    Wow, look at the stock go. Up over $2 in trading today, another $2 in after hours trading before the results; down almost $3 after the results came out; now back up $6. Busy day...:)
     
  11. macrumors 65816

    Joined:
    Jun 1, 2004
    #11
    This means that Apple easily cleared 350k units (likely closer to 400k, if not more) the first week and with a likely decent online store order list waiting on supplies. Personally I would qualify shipping a million in one quarter (+30 hours) a success for the iPhone (likely Apple will beat the estimate given their general under promise over deliver style of statements).
     
  12. macrumors 6502a

    Joined:
    Jun 30, 2007
    Location:
    Denver/Boulder, CO
    #12
  13. macrumors 601

    Joined:
    Mar 8, 2005
    Location:
    Austin, TX
    #13
    According to clarifications during the conference call, that was 270,000 iPhones sold to AT&T and to Apple stores during the quarter, NOT to customers. We know that most Apple stores did not sell out during that time, but it was probably close. That number also includes any that were sold to stores but were still in transit at the time of the quarter close (shipments that would be received on Sunday or Monday or later). So the stores did not even have 270,000 to sell, if there were still some in transit.
     
  14. macrumors regular

    Joined:
    Jun 5, 2005
    Location:
    Trieste - Italy
    #14
    "That thing is the most expensive phone out there! $599 for a phone?? It wont even sell enough to break even!!"- Steve Ballmer

    I really love Ballmer's depth of analisys... Real GENIUS... :cool:
     
  15. macrumors 6502

    Joined:
    May 2, 2007
    #15
    iPhone = PURE PROFIT

    Apple is so ashamed of how much money they are squeezing out of ATT that they are going to keep that amount secret until next quarter's results in October.

    Now, more than ever I am starting to believe the $200/iPhone bounty and the $9/month/subscriber payment.

    October's number will be amazing!
     
  16. macrumors member

    Joined:
    Jun 27, 2007
    #16
    AAPL stock just passed 52wk high after hour session oh my god :eek:
     
  17. macrumors 68030

    Flowbee

    Joined:
    Dec 27, 2002
    Location:
    Alameda, CA
    #17
    ...Over TWO years. 24 months.
     
  18. macrumors P6

    twoodcc

    Joined:
    Feb 3, 2005
    Location:
    Right side of wrong
    #18
    dang, that's crazy. go Apple
     
  19. macrumors G5

    gnasher729

    Joined:
    Nov 25, 2005
    #19
    It is more difficult. Apple sold 270,000 iPhones. If you ordered one online, it counts as sold. But only iPhones delivered to customers can be recognised as revenue, so online sales won't be included yet.

    For those iPhones that were delivered, 1/24th of the sales price is recognised. Of course a number of $5 million means anything between $4.5 and $5.5 million because of rounding. Not enough information really.
     
  20. macrumors newbie

    Joined:
    Jul 24, 2007
    #20
    wait till next quarter if you really wanna see a stock go up. whoa baby. when that at & t revenue starts pouring in, their bottom line will shoot WAY up.
     
  21. macrumors 6502a

    Joined:
    Jun 30, 2007
    Location:
    Denver/Boulder, CO
    #21
    Suggesting $148.08 total revenue per iPhone. (Granted this is just a very general ballpark figure, given the factors stated above. But holy smokes, that's a nice ballpark to play in. My understanding is that most consumer electronic gear has super thin margins - 27% is quite an achievement.)
     
  22. macrumors 65816

    zombitronic

    Joined:
    Feb 9, 2007
    #22
    AAPL has crossed the $150 mark in after hours trading.
     
  23. macrumors G3

    bigandy

    Joined:
    Apr 30, 2004
    Location:
    Murka
    #23
    That didn't surprise me. People shouldn't be so quick to start bashing Apple on such a bad move.

    Apple don't move in to a market they won't make money in, look at the last few years. Each has been calculated and very successful.

    Other mobile manufacturers will be shaking in their boots.
     
  24. macrumors member

    Joined:
    Jul 22, 2007
    #24
    You are all seriously confusing the numbers. If you were on the phone, you would have heard the correct statement: Apple has sold 30 phones in the first 270,000 hours. Not so good. :(
     
  25. macrumors 68020

    EagerDragon

    Joined:
    Jun 27, 2006
    Location:
    MA, USA
    #25
    Sounds like the original 1% or 2% had activation issues, is probably closer to 38% had activation issues given their 176,000 only activated.
     

Share This Page