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

Telecom & Wireless

Published: July 14, 2008 9:10 am

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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