Apple may have clocked sales of 500,000 iPhones in its opening weekend, bringing in over a quarter billion dollars in revenue. The estimate comes from Piper Jaffray Analyst Gene Munster. Paul Thurot summarizes other estimates ranging from 200,000 to 700,000 iPhones sold.
In related news, Engadget summarizes a Business Week story estimating Apple’s profit at $300-379 per unit. This is based on a new tear down analysis from Portelligent and actually suggests even higher margins than the estimate created by iSupply before the iPhone shipped. This means that apple’s gross profit on those 500,000 iPhones was between $150M & $185M (R&D, and marketing costs in particular, are going to take a bite out of that).
Putting this into a bit more perspective, Carl Howe on the Blackfriar’s Marketing blog notes that:
As we’ve noted previously, iPhone first weekend sales now represent the largest consumer electronics product launch in history as measured by dollar value.”
Other coverage:
- On IP Democracy, Cynthia Brumfield notes that these numbers would mean that “AT&T can bank on $474 million more in revenue over the next two years than it otherwise might have generated.”
- and others on Techmeme
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