Munster Says 3 Percent of Teens Own iPhones, 9 Percent of Friends…

Phil Elmer-Dewitt, voice of the newly relocated Fortune Apple 2.0 blog, published Piper Jaffray analyst Gene Munster's latest report, a survey of 980 teens that reveals:
• 3% of students surveyed own iPhones
• An additional 9% expect to buy an iPhone in the next 6 months
• 4.2% of surveyed adults also had iPhones
•… » 10/10/07 8:47am 10/10/07 8:47am

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,… » 9/11/07 10:24am 9/11/07 10:24am