iPhone Sales Look Unlikely To Hit 10 Million Target
January 17, 2008 | Filed under Apple News, Cell Phone Information
The popular iPhone has been selling extremely well since it’s launch and it’s now said that sales have topped over 4 million. Although that’s a lot of iPhone love, it looks like it won’t be enough to hit it’s original sales estimates of 10 million units in a year by end of 2008.
At Macworld 2008, Steve Jobs claimed that the iPhone is selling on average 20,000 unit’s a day. This itself is very impressive, but there is only 5 11 months to go to reach the 10 million target, meaning they’d have to sell another 6 million phones.
With consumers in the UK still claiming the iPhone is too expensive, is there any chance Apple will hit it’s 10 million target?
Update
Jobs made the mistake of specifying Apple’s target of selling 10 million iPhones by the end of 2008. The goal sounded modest when Jobs said the goal represents just 1 percent of the global handset market. In fact, it’s probably an unreachable goal, given the price, Cingular-only availability in the U.S. and lack of business appeal. To put that 10 million figure in perspective, RIM sold about 5.5 million BlackBerrys last year. And BlackBerry is a brand available in many models from several carriers, has a huge cult following and is sold by the truckload to both business and individual customers.
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The stated goal was 10 million by the end of 2008, not “in a year”. So you didn’t take the time to do you research, or you weren’t capable of understanding the meaning of “by the end of 2008″. In either case, it puts a hurt on your credibility.
Lucy,
How ignorant are you? Curt is correct, you need to go back to school and re-learn the basics of being a journalist which is verifying your information before you print it.
If the iPhone was 16mb like the iTouch, they may be able to sell more phones
Ignorant? Don’t think so! If you do what normal and intelligent people do, read Google news as they too are reporting on this story. so there must be some truth in it. so i would say she is 100% spot on.
Google news posts links to news stories, but in no way certifies or even implies that the stories are factually accurate.
Steve Jobs clearly stated his goal of selling 10 million iPhones by the end of 2008, and ultimately of reaching 1% of the global smart phone market.
There have been many misquotes of fact since then, including “10 million in the first quarter” and “10 million in a year”. But that doesn’t make it true.
Instead of posting comments defending their error, I would expect any reputable news source or blog to check out and correct their error, and acknowledge the error. Otherwise, you just lose credibility.
Post updated by Daniel…errors corrected
The iPhone was introduced at the same time Cingular became AT&T. If you can’t even get the only telecom name right, why should anyone believe your math skills?
4 million iPhones sold in 2 quarter in 2007 (2 million per quarter)
There should be 4 quarters in 2008 (unless you disagree)
That gives 8 million iPhones will be sold in 2008.
Now, how much is 4 million plus 8 million?
Is there a problem with you guys? Are you just trying to report something that makes Apple look bad or are you trying to report.
Initially the wrong quote. Then, the correction with an absurd update. You said that 10 mi is impossible since 5.5 mi BlackBerrys were sod last year, that is in 365 days.
Now, read your own post
iPhone sold over 4mi in 200 days. There are 165 to go.
Doesn’t that seem to you that iPhones are outselling BB, even though they are EDGE and on ATT only?
Another data that you are hiding, it took 70 days for Apple to sell 1 mi iPhones and it took another 130 for Apple to sell (over) 3 mi iPhones.
You know what this means? The growth is not linear…
Lucy did you failed in your arithmetic class?
At current sales rate, Apple will sell 11 months x 30 days/month x 20,000 iPhones/day = 6.6M iPhones, which is larger than the 6M needed to reach 10M by the end of 2008. (?!)
With 1 million iPhone 3G sold in 3 days, will this author eat her words? What do you people know about business.