Surprise! Price Drop Spurs iPhone Demand, Analysts Stunned
From the Department of Duh comes word that Apple's recent $200 price drop on the popular 8GB iPhone has led to a sharp increase in sales. Now I know that news will knock my readers over like bowling pins, but do try and steady yourselves.
Piper Jaffray's Gene Munster conducted a 50 hour survey of Apple Stores (I assume the poor guy took a break sometime) compiling concurrent sales data - cause that's what bean counters do. He came away with less than surprising results; iPhone sales are up, w00t! He reckons that Apple sold 27,000 units per day within a five day period in order to arrive at its ballyhooed 1 million unit milestone. Not bad sales performance, what.
So, yes...iPhone is selling well. The sky is blue. Birds are singing. People are hanging out in Central Park, joining hands in harmonious celebration. Whatever.
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