Apple's iPhones: 10 Million and Counting? (at Seeking Alpha)

by: Joel West posted on: October 10, 2008 | about stocks: that 9 months into 2008, Apple has already surpassed Steve Jobs’ widely quoted (and oft-ridiculed) projection of selling 10 million iPhones this year. In particular, they calculate that Apple sold 7-7.5 million units in Q3, the final quarter of the Apple fiscal year, building on the strong sales spurt with July’s release of the iPhone 3G. They use a clever strategy of tracking serial numbers as a way to estimate how many phones have been built, and use convergent numbers from web browser stats. Apple’s FYQ4 earnings release is due a week from Tuesday. If Zaky and Muller are right, Jobs will proudly proclaim that... [read full story]