Monday, July 2, 2007
iPhone has a $250 - $300 Million Opening Weekend
Piper Jaffray’s Gene Munster is estimating Apple sold half a million iPhones from 6 p.m. Friday through the close of business on Sunday. With the devices going for $500 to $600, that’s around $250 to $300 million in cash changing hands, depending on the mix of 4GB and 8GB units sold. With margins on the device [...]
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