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iPhone to boost Apple revenue $200 million?
The iPhone may provide as much as $200 million in extra revenue for Apple on launch day, according to TheStreet.com. Using estimates of 200 units per store and an average selling price of $550 — it is still unknown whether there will be equal amounts of 4GB and 8GB available — along with the hard number of 1,962 stores carrying the device, a sell-out of 392,000 units would generate $216 million in revenue for Apple on June 29, not including online sales. Apple has previously announced that it will adopt a subscription-style revenue accounting system for the device.
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1
Just think, if Apple were able to sell all 3 million of the iPhones they are supposed to have on launch day, at an average cost of $500, that would be 1.5 billion dollars gross sales, in one day!
Posted by Galley on June 25, 2007 at 2:22 PM (PDT)
2
I’m curious - I personally know only one person bent on getting an iPhone on launch day, and I’m admittedly working in a very Apple-friendly, geeky environment.
Myself (and I imagine others), I’ve got at least another couple months on my current cell phone contract before I consider an iPhone—assuming all goes well with the 1st gen units.
I’m curious where these 3 million will come from.
(Not that they won’t come.)
JP.
Posted by JP on June 25, 2007 at 8:38 PM (PDT)