iPhone Sales Surge 200% After Price Reduction

When the announcement of the iPhone’s reduced price was made by Steve, critics quickly voiced their skepticism, claiming, “It’s not selling well,” and “Apple needs to slash prices to boost sales.”

According to Piper Jaffray’s analysis, before the price reduction, Apple and AT&T were selling about 9,000 iPhones daily, totaling approximately 594,000 units by September 5th.

Adding the 270,000 units sold in the earlier quarter, it would require an additional 136,000 iPhones to be sold to hit the 1 million mark by September 9th, which would mean a 200% increase in sales volume.

Steve predicted accurately: The sales were skyrocketing, and the strategy was to accelerate this even further.

That’s exactly what’s unfolding.

[Source: My iTablet]

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David

Christopher is a dedicated writer for TUAW, bringing readers the latest updates and insights on all things Apple. With a keen eye for detail, Christopher covers everything from the newest iPhone releases to the latest macOS updates. His articles are a go-to source for Apple enthusiasts looking to stay informed about their favorite products, including the iPad, Apple Watch, and MacBook. Christopher’s commitment to delivering accurate and engaging content makes him a valued member of the TUAW team.