• By Wilson Rothman
    Sep 11, 2007 10:24 AM 6,038
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    #piperjaffray

    Remainders - Things We Didn't Post

    Munster Says 3 Percent of Teens Own iPhones, 9 Percent of Friends Totally Jealous
    read more: #apple, #piperjaffray, #genemunster, #iphone

    iPhone Price Cut Has Driven 200-Percent Sales Hike

    According to Piper Jaffray's Gene Munster, before Sept. 5, iPhone sales had leveled off at around 9,000 per day, mostly at $600 a pop. Now, following the iPhone price cut, Apple is moving 27,000 per day at $400 each. But is this growth sustainable? No. Munster says he thinks that after this initial 200% sales surge, the price-cut will yield a stable 50% sales increase. Apple has verified none of this. [Apple 2.0]


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