Telecom & Wireless

Apple (AAPL) Sells One Million iPhones In Three Days, Little Reaction By Stock

According to Apple (AAPL), it sold one million versions of its new 3G handset worldwide during the first day it was on the market.

"iPhone 3G had a stunning opening weekend," said Steve Jobs, Apple’s CEO. "It took 74 days to sell the first one million original iPhones, so the new iPhone 3G is clearly off to a great start around the world."

In a bear market, no news is good enough. Apple’s shares are up modestly, 2.7%, to $177.50.

Douglas A. McIntyre

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