iPhone: Strong Sales Despite Frustrations

Minyanville Staff  Jul 14, 2008 11:00 am

iPhone: Strong Sales Despite Frustrations
 
Steve Jobs said he would like to sell 10 million iPhones this year
 

 
Despite a technical meltdown that left thousands of customers unable to activate their new phones, sales of Apple’s (AAPL) iPhone 3G have met analysts’ expectations. Apple sold over 1 million phones in the weekend after their debut, according to Bloomberg.

While demand for the iPhone 3G remains high, Apple received low marks for execution: Apple’s servers crashed not long after the phone's release, and customers -- many of whom waited all day in line -- were unable to activate service for hours. (Activation was supposed to take 15 minutes.)

The system-wide failure was one of very few in Apple’s strong record of seamlessly rolling out new products: Last year, customers were able to complete activation of the first iPhones from their own homes. This time around, Apple and AT&T (T) required customers to activate their phones in-store, so as to ensure they would sign 2-year contracts.

Apple CEO Steve Jobs said he'd like to sell 10 million iPhones this year. Let’s just hope he’s got the bandwidth to handle it.

For more on Apple and Steve Jobs, check out Hoofy and Boo’s always astute report.

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Comments (2) See All Comments »
07-14-2008, 9:57 am

I have noticed a real negative bias to your reporting.

First off, Apple sold more than double estimated by its most enthiastic analyst, Gene Munster...so its hardly just met expectations.

Secondly, you must have a ver
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07-14-2008, 11:25 am
About 990,000 of them were for sale on EBAY at double or more the price. Not many of them were selling.
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