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  • 1 Million iPhones and 10 Million Apps in Three Days
    Despite all of the issues we have seen with the 3g iPhone launch Apple is rolling in the big bucks.

    Apple has sold 1 million 3g iPhones in the 3 days since launch. Everyone everywhere seems to be picking these things up as fast as Apple can stock them. Speaking of stock I wish I'd bought some more Apple stock 4 days ago

    In other news in the three days since the launch of the 3g iPhone and the AppStore there have been over 10 million downloads so far. I'm no math wiz but that wold be an average of around 1 app download per iPhone in existence (iPhone 3g + 1st gen) in only three days. Impressive.

    CUPERTINO, California—July 14, 2008—Apple® today announced it sold its one millionth iPhone™ 3G on Sunday, just three days after its launch on Friday, July 11. iPhone 3G is now available in 21 countries—Australia, Austria, Belgium, Canada, Denmark, Finland, Germany, Hong Kong, Ireland, Italy, Japan, Mexico, Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, UK and the US—and will go on sale in France on July 17.

    “iPhone 3G had a stunning opening weekend,” said Steve Jobs, Apple’s CEO. “It took 74 days to sell the first one million original iPhones, so the new iPhone 3G is clearly off to a great start around the world.”

    The new iPhone 3G combines all the revolutionary features of iPhone plus 3G networking that is twice as fast*, built-in GPS for expanded location-based mobile services, and iPhone 2.0 software which includes support for Microsoft Exchange ActiveSync and runs over 800 third party applications available through the new App Store. In the US, the new iPhone 3G is priced at just $199 for the 8GB model, and $299 for the 16GB model**.

    *Based on 3G and EDGE testing. Actual speeds vary by site conditions.
    **Requires new two-year AT&T rate plan for qualified customers, sold separately.

    Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award-winning computers, OS X operating system and iLife and professional applications. Apple is also spearheading the digital media revolution with its iPod portable music and video players and iTunes online store, and has entered the mobile phone market with its revolutionary iPhone.
    CUPERTINO, California—July 14, 2008—Apple® today announced that iPhone™ and iPod® touch users have already downloaded more than 10 million applications from its groundbreaking new App Store since its launch late last week. Developers have created a wide array of innovative mobile applications ranging from games to location-based social networking to medical applications to enterprise productivity tools. Users can wirelessly download applications directly onto their iPhone or iPod touch* and start using them immediately. More than 800 native applications are now available on the App Store, with more than 200 offered for free and more than 90 percent priced at less than $10.

    “The App Store is a grand slam, with a staggering 10 million applications downloaded in just three days,” said Steve Jobs, Apple’s CEO. “Developers have created some extraordinary applications, and the App Store can wirelessly deliver them to every iPhone and iPod touch user instantly.”

    Many of these amazing new applications take advantage of iPhone’s large display, Multi-Touch™ user interface, fast hardware-accelerated 3D graphics, built-in accelerometer and location-based technology to bring far more powerful applications to the mobile arena than ever before.

    The App Store on iPhone works over cellular networks and Wi-Fi, which means it is accessible from just about anywhere, so users can purchase and download applications wirelessly and start using them instantly. Applications are free or charged to the user’s iTunes® account and the App Store notifies the user when updates are available for their apps. The App Store is also available in iTunes (Apple - iTunes - iTunes Overview) running on a Mac® or PC, which syncs applications to the iPhone or iPod touch using a USB cable.

    *Requires downloading software update sold separately for $9.95.

    Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award-winning computers, OS X operating system and iLife and professional applications. Apple is also spearheading the digital media revolution with its iPod portable music and video players and iTunes online store, and has entered the mobile phone market with its revolutionary iPhone.
    via apple and apple
    This article was originally published in forum thread: 1 Million iPhones and 10 Million Apps in Three Days started by Cody Overcash View original post
    Comments 27 Comments
    1. ericmac017's Avatar
      ericmac017 -
      Quote Originally Posted by sweeneytodd View Post
      I'm no math wiz either...
      But.. I read in an article that Apple makes only 24-26$ profit on each phone.. therfore doing some calculations

      1 million 3g's sold @ 24$ profit = (greater than or equal to ) 24 million
      10 Million downloads.... 1/5 of which are Free apps (as one fifth of App store apps are currently free) means.. that if we just "say" all others are "99 cents" then: they have at least made $237,600,000 because they get 30% of price, so then we see

      24 Million for iPhone 3G's sold
      237.6 Million for AppStore Apps Profits
      = at least 261.6 Million in its first weekend of exsistence.

      Just in case anyone wanted to know.
      ya if 3g iphones sold at a higher price, then apple stock wouldve flown through the roof!
    1. sweeneytodd's Avatar
      sweeneytodd -
      Quote Originally Posted by wannagotopopeyes View Post
      wonder how much it cost them to produce 1 million 3G's compared to how much they got? probably a ton less. wow.
      Well, thats already figured in. If they're making a 24 dollar profit off of each iPhone, and they've sold at least 1 million, thats at least 24 million. That's raw profit.

      That being said, one could say it costs them $175.99 to make each 8gig iphone. Thefore. They're probably making close to 24 maybe 26 on each 16 gig. Either way, if we say they all make 24$ profits, at least one million yields 24 million.

      175.99 million to make one million iphones... but that's already figured in (or out I guess) of my calculations in my other post.

      And it just occurred to me... its more than that... we forgot all about Mobile Me. It was selling like Candy @ my Apple Store. One guy seriously turned to me and asked if they were free because every person bought it. Nice sales pitching team Apple, haha.
    1. one1's Avatar
      one1 -
      You know what I love about this news of 1 million sales?

      I'm getting a second 1G iPhone for cheapies as a backup incase mine goes south.
    1. BabyIsis's Avatar
      BabyIsis -
      Quote Originally Posted by tyfly867 View Post
      Atlanta Stores have done a good job keeping stock of all models.
      I'm not so sure about that one.. I'm in the Atl area and the store I went to had only 40 in stock from the beginning. They ran out when I got about 5 people away from the door... and the manager who came out to inform us said that every store in the Atlanta area was out. I ended up ordering mine from direct fufillment, but I got my email yesterday saying that they are "out of stock" and "backordered". The AT&T store said they think it'll be about a week or so (I'm trying to keep my level of lividness down right now). I thought I may get it a little faster than that since I wanted a 16 gig, and I figured that most people would be ordering 8 gigs, but I guess not....
    1. pacmac's Avatar
      pacmac -
      wow that alot of iphones....now im going to be one of the millions buying one also..but im not sure yet...ahhh going crazy...i just dont like ATT data plan ill be paying more.. well time to go to APPLE and play with one and see..might end up getting one thoe......why apple make products that are addicting to use...i use mine alot..im i and addict do i need help or im normal
    1. krusher's Avatar
      krusher -
      ok that makes me and my old iPhone like DUMB.
      every other guy is going to have it due to its low price. Maybe this is the stage when the whole human race develops or evolves into a new stage with facilities which are not limited to only a few lot.

      Oh great. Whatever thats supposed to mean.
    1. ninjoshua's Avatar
      ninjoshua -
      Quote Originally Posted by sweeneytodd View Post
      I'm no math wiz either...
      But.. I read in an article that Apple makes only 24-26$ profit on each phone.. therfore doing some calculations

      1 million 3g's sold @ 24$ profit = (greater than or equal to ) 24 million
      10 Million downloads.... 1/5 of which are Free apps (as one fifth of App store apps are currently free) means.. that if we just "say" all others are "99 cents" then: they have at least made $237,600,000 because they get 30% of price, so then we see

      24 Million for iPhone 3G's sold
      237.6 Million for AppStore Apps Profits
      = at least 261.6 Million in its first weekend of exsistence.

      Just in case anyone wanted to know.
      I think you calculated $99.00 per app instead of $0.99.

      10,000,000 * 4/5 = 8,000,000
      8,000,000 * 0.99 = 7,920,000
      7,920,000 * 30% = 2,376,000

      But you also have to consider that in all likelihood the free apps made up a much higher percentage of downloads precisely because they are free.

      It was probably more like 80% of the downloads were one of the free apps.

      If that’s the case, and the average price for the apps that people actually paid something for is $0.99 then they still made over half a million on apps alone (my math is below).

      10,000,000 * 1/5 (or 20%) = 2,000,000
      2,000,000 * 0.99 = 1,980,000
      1,980,000 * 30% = 594,000

      Still, not bad for pure profit though ;]

      In addition, there are rumors that apple is getting $325 from AT&T for each iPhone sold and estimates that the new phone only costs $173 to manufacture.

      That would mean that apple made ~$152 Million on the phones alone.
      Of course that’s not pure profit because the $173 per phone is only the Bill of Materials and does not take into account shipping, employee salaries, advertising/marketing, cost of storefronts, ect.

      So the $24 per phone is probably a more accurate estimate of pure profit for the hardware.