AT&T reported today that they had 1.6 million iPhone activations domestically in the March quarter. Last quarter they activated 1.9 million iPhones and Apple ended up with 4.4 Million iPhones sold. Piper's Gene Munster showed off his algebra chops by running this formula: 4.4/1.9=x/1.6. x=equaling the number of global iPhone sales for the March quarter, which in this case equals 3.
I am as much an iPhone cultist as the next guy, but Piper Jaffray analyst Gene Munster is taking this cult thing a little too far. He estimates that by the end of 2009 there will be 55 million iPhone users and that the iPhone App st... Read Post
Earlier today, reports started flowing in about Piper Jaffray’s Gene Munster claiming 750,000 iPhone 3G S devices were sold over the weekend. In a news release, however, Apple claims that that number is off by 1/4, saying that sales... Read Post