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Apple sells one million iPhones

Apple sells one million iPhones

Apple breaks the million sold mark and actually cuts the price on one of its products.

Love it or hate it, Apple's iPhone is a popular product. It has constantly been in the news even before the launch. From speculation dating back to June in last year to the announcement before the launch all the way up to the launch itself and subsequent hacks and unlocks since then, the iPhone is everywhere you turn when you read the news.

Pretty soon, it will literally be everywhere you turn as well with more then one million of them being sold since the initial launch day just 74 days ago.

Momentum isn't going to slow down either though, because right after Apple introduced its iPod Touch, Steve Jobs made a big announcement concerning the biggest drawback to the mobile... its price.

Apple has lowered the price on the 8GB iPhone model to $399 (down from $599) matching the price of the top end 16GB iPod Touch model. Consumers who had dropped the massive wad of cash for the mobile before the price drop are to receive $100 in store credit from Apple but the credit will not be applicable to the iTunes music store. Details about how to obtain the store credit should be coming soon and we'll make sure to let you guys know how to get it.

The price drop came as a major shock to share holders as well with Apple's stock falling from $145 a share to a low of $130 a share within 48 hours of the price change. The company's stock is slowly climbing back up and this more then likely won't have much of an effect over the long run. Consumer electronics are expected to have a drop in price over time but apparently a price drop just two months after launch tends to shake things up a little bit.

Did you purchase one of those million iPhones? Talk about your love (and hatred for some) of the popular mobile over in the forums.

17 Comments

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Firehed 12th September 2007, 10:07 Quote
Yeah... I wish I had a product where I could take in half a billion dollars of revenue in ten weeks. Oh well - I had to settle for buying one of theirs :)
DXR_13KE 12th September 2007, 13:49 Quote
these guys are pure genius!!!!! lowering the price will make more people buy it and make more profit.
Atomic 12th September 2007, 14:52 Quote
Shame it will use such an outdated network for its european release :(
DXR_13KE 12th September 2007, 14:58 Quote
they are not that dumb as not to update it for the european release.
Atomic 12th September 2007, 16:02 Quote
I wouldn't be so sure. It gives them the chance to add 3G into the 'new' iPhone.
ironjohn 12th September 2007, 22:38 Quote
I've had an internet enabled, mp3 video playing cell for years, at half the price.
But on second thought, I could bolstered my thin self esteem by waving around an over priced toy and pretend to use it as a real tool. No wait... That's what my Mac is for.

I'm sooo confused...
Atomic 13th September 2007, 10:33 Quote
Maybe you have, but not one that looks as nice as the iPhone or one that has the lovely OS X interface :p
.psd 17th September 2007, 11:44 Quote
hi guys!
any help with apple bluetooth wireless mighty mouse?-need somebody who is able to tell me something more about it. on the net you can always find only good opinions- need honest one ;)
<A88> 17th September 2007, 11:47 Quote
Ya what?

<A88>
The_Beast 17th September 2007, 23:26 Quote
ha ha ha ha that is 1,000,000 people paying to much for phone service ;)
specofdust 17th September 2007, 23:29 Quote
Sometimes I think apple could stick a turd in a box and so long as they put it in a shiny metal casing and steve jobs talked about how "excellent" it was people'd pay half a grand for it.
DXR_13KE 18th September 2007, 01:07 Quote
Quote:
Originally Posted by specofdust
Sometimes I think apple could stick a turd in a box and so long as they put it in a shiny metal casing and steve jobs talked about how "excellent" it was people'd pay half a grand for it.

iTurd ? :)
benjamyn 18th September 2007, 01:13 Quote
Quote:
Originally Posted by specofdust
Sometimes I think apple could stick a turd in a box and so long as they put it in a shiny metal casing and steve jobs talked about how "excellent" it was people'd pay half a grand for it.

I thought that was what they had sold 1 million of? :? :P
specofdust 18th September 2007, 08:20 Quote
Quote:
Originally Posted by DXR_13KE
iTurd ? :)

Nah,

"JobsPoop", "Ipay"
D3s3rt_F0x 18th September 2007, 15:15 Quote
ahhh this is funny people pay overpriced amounts for a over rated fashion accesory that is far from the best of anything it tries to do out there.

Still suppose Apple are laughing all the way to the bank
ElThomsono 18th September 2007, 15:20 Quote
Quote:
Originally Posted by DXR_13KE
they are not that dumb as not to update it for the european release.

Apparently yes, they are
The_Beast 18th September 2007, 23:30 Quote
Quote:
Originally Posted by DXR_13KE
iTurd ? :)

Don't give them ideas :)
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