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.
Charles Starrett was a senior editor at iLounge. He's been covering the iPod, iPhone, and iPad since their inception. He has written numerous articles and reviews, and his work has been featured in multiple publications.