Analyst: about 700,000 iPhone 3Gs sold in July

Posted by Dennis Sellers Apple ico Aug 7, 2008 at 12:30pm

imageThe iPhone 3G likely sold up to 700,000 units in the few weeks of July alone, Trip Chowdhry, an analyst at Global Equities Research, told BusinessWeek. Apple sold about 1.1 million iPhones in all of the third calendar quarter of last year.

So far, many of the new model’s purchasers have been existing AT&T subscribers who already own an iPhone, the article adds. In a survey of more than 100 iPhone 3G buyers conducted in the past two weeks, Chowdhry found that “most of the users are people who are upgrading.”

A survey of 328 users that UBS conducted on the iPhone 3G’s launch day in the U.S. and Britain revealed that nearly 37 percent of the communication device’s buyers were current iPhone users. Typically in the U.S. market, users replace their handsets, on average, only once every 17.7 months, the J.D. Power & Associates firm told BusinessWeek.

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Dennis Sellers

Dennis has been a newspaper editor/reporter (seven years) and teacher (seven years). He has over 10,000 magazine, newspaper and online articles to his credit.  He has also covered the Mac and tech industries for over a decade for such online publications as MacCentral, MacMinute and now MacsimumNews.

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