Did Apple Really 'Sell' 1 Million iPhones To End Users? Nope.

Did Apple Really 'Sell' 1 Million iPhones To End Users? Nope.

Posted by Eric Zeman, Jul 15, 2008 08:58 AM

That nice, shiny press release that Apple issued yesterday failed to point out one important fact. Apple counts "sales" as any device it has sold to wireless network operators such as AT&T (NYSE: T). The network operators then re-sell the devices to actual end users. According to analysts, only 425,000 end users bought iPhones over the weekend.

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