525,000 iPhones Sold
Jul 2, 2007
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Apple Inc. sold about 525,000 iPhones at Apple and AT&T Inc. stores in the first weekend since its June 29 launch, the Los Angeles Times reported on Monday, citing an analyst.
- Reuters
Great start for the iPhone, but shares of Apple are slightly down!
A day late, but the stock has finally reacted to iPhone sales, up +5.09 (4.20%) today, on reaction to news that profit margins could be as high as 55% on an iPhone.
Related: Did you invest in Apple?
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