iPhone: Apple sell's over 525,000 since launch!

Apple Inc sells 525,000 iPhones since its launch on Friday 29th June, according to press reports.

Apple CEO Steve Jobs has high hopes for the iPhone, as Apple Inc has already sold up to 525,000 iPhones at its stores and AT&T;'s in the first weekend since the device launched on Friday, the Los Angeles Times has reported. And half of Apple's stores on the US west coast sold out on the first day, said other media outlets, citing San Francisco's Global Equities Research.

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According to AT&T;, provider of wireless services for the iPhone, most of its 1,800 stories sold out within 24 hours.

The phone, on sale in Europe this year, has a web browser and media player.

Apple boss Steve Jobs has said the iPhone will become Apple's third main business after the iPod music player and Mac computer, which generate $10bn in annual sales each. Apple said it hoped to sell 10 million iPhones by 2008 and grab a 1% share of the mobile phone market.

Waiting list:

According to Apple's website, there is already a two to four week waiting list to order the phone online. The quad-band phone has a 3.5in (9cm) touch screen, wi-fi, no keyboard, a camera and a web browser on board. It is intended to be used as a media player to listen to music and watch video uploaded to it via iTunes. It is available in two versions, having either four or eight gigabytes of memory.


Apple said the iPhone's battery would give eight hours of talk time, six hours of web use or seven hours of video watching.

The device costs either $499 or $599 and buyers must also commit to a two-year contract with AT&T; that will cost them a minimum of $59.99 per month.

As with many Apple products, prices in Europe are likely to be higher than direct currency conversions from the US dollar would suggest.

But.. the iPhone is due to debut in Europe in late 2007 and then in Asia in 2008, the rest of the world holds their breath (or would that be their voices?!), in anticipation for the iphone.

More iPhone Uk news from Macworld: http://www.macworld.co.uk/ipod-itunes/news/index.cfm?newsid=18436