Apple sold 270,000 iPhones during first two days, boosts stock
By Jonathan Schlaffer
Stockholders can be a fickle bunch, especially the majority holders and fears had spread that the iPhone would not sell as well as Wall Street had predicted. Not only did the iPhone sell well, it went above expectations but those first few hours after launch were a bumpy ride for new iPhone owners.
The iPhone is basically useless without activation and everyone wanted to try their new purchase out immediately or the next day. Apple may have sold 270,000 iPhones in the first two days but only 54% of those phones were activated within 48 hours. Why?
Of course, there were some minor activation problems where phones refused to activate or iTunes whirred all night before activating the phone. But the other factor to consider is that Apple had a limit of two phones per customers and some people were buying two phones for friends, family or to sell on eBay and those phones were not activated immediately.
If Apple wants to sell more of the iPhone they could at least unlock WiFi and iPod functionality out of the box in case you don’t want to subscribe to the “world’s worst” service by AT&T, in my opinion, it is.
All I have to say is the next iPod had better have a touch screen or I will be disappointed.
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