Magic Million for iPhone
Apple announced that it sold its one millionth iPhone yesterday, just 74 days after its introduction on June 29. This may be partly due to the tremendous hype which accompanied the launch of the iPhone – something previously unheard of in the smart phone space.
iPhone combines a mobile phone, a widescreen iPod, and a mobile Internet device in one, all based on Apple’s multi-touch interface and pioneering software that allows users to control iPhone with just a tap, flick or pinch of their fingers.
“One million iPhones in 74 days—it took almost two years to achieve this milestone with iPod,” said Steve Jobs, Apple’s CEO. “We can’t wait to get this revolutionary product into the hands of even more customers this holiday season.”
While Apple has signed an exclusivity agreement with AT&T for the iPhone, hackers recently released iPhone unlocking software. This is obviously of concern to AT&T, but it may help the iPhone to notch up sales.
Apple further announced a $ 200 price reduction on its 8 GB iPhone – down from $599 to just $399. This will most likely ensure that strong sales continue in the coming months.
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