by Iphone, News

iPhone: 1.5 Million iPhone 4 Have Been Sold

iPhone4

Apple has sold a huge amount of iPhone 4 units. Unfortunately, we won’t know the exact number of units sold on launch day until the company officially releases a statement with sales figures. However, Oppenheimer senior analyst Yair Reiner estimates in a note sent to clients today that Apple managed to sold 1.5 million devices thus far.

Reiner breaks down the number in the following manner:

  • 600,000 pre-ordered in the U.S.
  • plus 100,000 non- reserved units sold day of at Apple stores (average 500 per store)
  • plus 50,000 sold into Best Buy (~45 per store, according to our checks).
  • Then multiply by two for international.

On the other hand, Piper Jaffray analyst Gene Munster estimates that Apple sold between 1 million to 1.5 million iPhone 4 units. It’s important to take into account that Munster has been wrong most of the time. His predictions are usually too high and way off.

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