Charlie Sorrel
Gear

One Million iPhones Sold in 74 Days

The 8GB model is the success story here, but we'll be conservative and say that the 8GB iPhone outsold its little brother by 2:1. Which gives us: 4GB – 250,000 x $500 = $125,000,000 8GB – 750,000 x $600 = $450,000,000 A grand total of $575 million, around $43 million a day.

Iphone777-Tm

Apple has hit the magic million mark with iPhone sales. That's an average of around 14,000 units a day. Steve Jobs:

It took almost two years to achieve this milestone with iPod.

Time for a few calculations. The 8GB model is the success story here, but we'll be conservative and say that the 8GB iPhone outsold its little brother by 2:1. Which gives us:

4GB – 250,000 x $500 = $125,000,000

8GB – 750,000 x $600 = $450,000,000

A grand total of $575 million, around $7.7 million a day. Not bad going. At that rate, it pays almost as well as blogging. And that doesn't count the kickbacks Apple receives from AT&T subscription fees, thought to be 10% of revenue.

Congratulations, Apple.

Press release [Apple]