Weekend frenzy led to 1 million iPhones sold?
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Apple hit its target for iPhone shipments a few weeks ahead of schedule, and one analyst thinks the price cut accounted for more than 100,000 sales last week and into the weekend.
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Blog: A quantitative estimate of Apple's weekend iPhone sales has been released, surpassing some of the more optimistic analysts last week.
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Older gadget geeks fueled an Apple  iPhone launch frenzy on Friday by taking a prominent place on  growing lines across the United States -- or paying  20-somethings to do it for them.
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Blog: AT&T's iPhone activation numbers disappointed many--especially Apple investors--but it's not a perfect measure of iPhone demand.
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Many people who lined up to be the first buyers of Apple Inc.'s iPhone made good on promises to try to flip the gadgets online at inflated prices, but a quick buck appeared out of reach for many.
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With under six hours to go, some people in line for the iPhone in New York are seeing if they could make a few bucks off the product hype by selling their places in line. As far as I can tell, there have not yet been any takers. From Crave, CNET's gadgets blog.
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With Macworld fast approaching, and news of an apparent manufacturing deal in the air, Apple enthusiasts are again abuzz over the oft-rumored iPhone. Two separate reports indicate that the Cupertino company has signed a deal for as many as 12 million units.
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(InfoWorld) - After standing in line for hours on Friday to buy the new Apple iPhone, some users were forced to wait even longer to activate the phones, while others found the store shelves empty and will have to wait another week for their phones to arrive in the mail. On Monday, staff at an AT&T store in Boston said they had run out of iPhones on Friday night while a line of customers still snaked out the door. People at the back of the line purchased their phones through "direct fulfillment" and will receive their phones through the mail in three to seven days, the store said. AT&T declined to release sales figures but said that virtually all of its stores have sold out of iPhones. Over the weekend, AT&T referred disappointed customers to the Apple Web site but now says it plans to begin selling iPhones through its online store as well, said AT&T spokesman Michael Coe. He did not give a date. AT&T downplayed the reported activation delays. "The vast majority of iPhone customers have completed the activation process in just a few minutes as planned," Coe said. "Only a very small number of customers who purchased an iPhone this weekend are experiencing issues with activation, and all our energies are focused on clearing up these difficulties just as quickly as possible." Apple did not return calls for comment. Some analysts blamed the delays on heavy user traffic. "AT&T's servers were slow due to the mass number of sign-ups in the first few hours with credit checks. This may have delayed some purchasing of iPhones," said Shaw Wu, an analyst at American Technology Research, in his Monday report to investors. Other customers experienced delays when they tried to switch to AT&T from other carriers, he said. Still, Wu upgraded his stock estimate for the company and predicted that the iPhone would become the fastest-selling product in Apple's history. Within three years, Apple could become one of the top smartphone vendors, changing the competitive landscape of that industry. Even customers who took their iPhones home on Friday faced potential delays in activating them. Users who registered their phones on the iTunes Web site saw a warning that the process could take between 24 and 48 hours, said Craig Henry, a 32-year-old IT administrator at a law firm in Massachusetts. Henry's wait lasted for three hours when he received an e-mail confirmation that his phone was activated. However, he soon faced another challenge when he tried to transfer his address book to the iPhone. "The hardest part for me was transferring my phone numbers because I was on Verizon and didn't have the software to keep the numbers on my PC. So I spent an hour typing in about 150 numbers," he said. He also had to get accustomed to the touchscreen interface, which relies completely on finger drags, flicks, and pinches instead of using hard keys. "It takes a little bit of getting used to. But the typing works fine; I was sending text messages all day on Saturday," Henry said. "When you're in the contacts sheet, you run your finger across the screen -- kind of like flicking a marble -- and it scrolls really fast, or you can drag it and scroll slowly." Many users were concerned about iPhone battery life, an issue that Apple tried to address on June 18 by upgrading the original battery before the product even launched. Still, Henry visited an Apple store on Saturday to buy a second charger so that he could power his iPhone both in his home and his office. Despite the hurdles of learning to use his new gadget, Henry said he suffered no buyer's remorse. "I was out on Saturday night, and everybody knew I had it and wanted to touch it," Henry said. "They made a little fun of me for waiting in line so long, but I don't think the wait was too bad. When people see it, they're amazed by it."
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Within hours of the first iPhones going on sale, fans scrambled to be the first to discover what makes the devices tick, posting photos and videos of disassembled phones on the Internet.
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During its quarterly earnings conference call Monday, Apple Chief Operating Officer Timothy Cook estimated that 250,000 iPhones were sold to people with the intention of unlocking them, adding that most of those sales happened after the $200 price drop.
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The debate on how quickly Apple&#39;s iPhone would sell one million units is over, but the rumors about whether the Mac-maker will buy wireless spectrum are still swirling.
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Apple Inc. sold its millionth iPhone on Sunday, just 74 days after the combination cell phone-iPod went on sale and less than a week after its price was cut by a third.
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Proud owners of Apple Inc.'s iPhone raved about their first day with the device on Saturday, but a glitch took the shine off the year's most anticipated device for a few unlucky customers.
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Customers lined up in droves, some for days, but plenty of the phones are still available for the taking.Photos: Big Apple gets the iPhone
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AT&T said over the weekend that it had nearly sold out of its entire stock of iPhones, while Apple Stores were reportedly not far behind. An analyst with Piper Jaffray said that 500,000 phones had been sold nationwide over the weekend.
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Many people who lined up to be  the first buyers of Apple Inc.&#39;s iPhone made good on promises  to try to flip the gadgets online at inflated prices, but a  quick buck appeared out of reach for many.
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Apple sells 525,000 iPhones since its launch on Friday, according to press reports.