Tuesday, February 19, 2008

Apple iPhone Sales Have Stabilized With 56% Month over Month Growth, Says Piper Jaffray Analyst

Apple iPhone sales have stabilized with 56% month over month growth, says Piper Jaffray analyst Gene Munster. At the end of September, Piper Jaffray spent 12 hours counting iPhone, iPod and Mac sales in Apple stores across the country and compared it to their results of checks in July and August.
Here\'s what Piper Jaffray found:

*iPhone demand has stabilized at +56% m/m since the price cut on Sept. 5.
* Mac sales have slowed down -39% m/m after strong education sales in Aug. and the first part of Sept.
* iPod ASP will likely rise with the popularity of the iPod touch.

Also, Piper Jaffray thinks that during the month of September 10% of iPhones sold were purchased with the intention to sell them unlocked so they could be used on other networks, such as TMobile. However, on 9/27, Apple released software that rendered most of those phones inoperable.

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