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Apple's iPhone 3GS Sales Exceed Expectations: More than 1 Million Sold

June 22, 2009


apple iphone, 3gs sells, more than, 1 million

Apple's new iPhone 3GS sold more than 1 million units just three days after the product came onto the market on June 19, exceeding Piper Jaffray senior research analyst Gene Munster's estimation of 500,000 units in the first week, reported Market Watch.

Apple released a 16-gigabyte iPhone 3GS that costs consumers $199 and a 32-gigabyte phone, which rang up at $299, both requiring a two-year sales contract commitment. Apple claims that the iPhone 3GS is twice as fast as the 3G model, has a longer battery life, and comes with an advanced mobile operating system and a hands free voice control. Apple also offered an updated eight-gigabyte version of the iPhone 3G, which was priced at just $99.

Munster had given a conservative prediction because the iPhone 3GS was only debuting in eight countries on Friday, compared to 21 nations for the iPhone 3G in 2008, which also went on to sell more than a million units in its first three days on the shelves. Though Apple reported iPhone 3GS sales at one million, the company also noted that six million customers have downloaded the new iPhone 3.0 software in just the first five days since the new iPhone's release.

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Source: (c) 2009. All rights reserved.

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