[Trevor Barnes]

MacNN | iPhone shatters AT&T record, dwarfs RAZR, over iPhones 700,000 sold [u]

Apple over the weekend sold more than 700,000 iPhones to rocket past analyst predictions and shatter AT&T's record by selling more iPhones in three days than Motorola's RAZR did in its first month. Apple's supply of iPhones depleted at more than half of its retail stores less than a week after the cellular handset hit shelves at 6:00 p.m. ET last Friday night. Buyers cleared out both Apple and AT&T stores in 10 states, with 95 of 164 stores selling out on Monday night, according to Bloomberg. Apple stores located in Hawaii, Michigan, Minnesota, Nebraska, Nevada, New Hampshire, Oklahoma, Rhode Island, Utah, and Washington state sold their entire stock of iPhones yesterday, and AT&T sold its entire stock at almost all of its 1,800 stores.

Bloomberg.com: Apple IPhone Sold Out at Most Stores After Four Days

July 3 (Bloomberg) -- Apple Inc. ran out of iPhones at more than half its stores less than a week after introducing the combination iPod music player and handset in the U.S.


Buyers emptied outlets in 10 states, with 95 of 164 stores reporting sellouts last night, according to Apple's Web site. Cupertino, California-based Apple started selling two models of the iPhone, priced at $499 and $599, on June 29.


Shoppers may have taken home as many as 700,000 iPhones over the weekend, Goldman Sachs Group Inc. analyst David Bailey has estimated, twice his initial projection. Chief Executive Officer Steve Jobs has sought to use the connection to the iPod business, which pulls in about $10 billion in revenue a year, to reach his goal of selling 10 million phones in 2008.


Apple's stores in Hawaii, Michigan, Minnesota, Nebraska, Nevada, New Hampshire, Oklahoma, Rhode Island, Utah and Washington sold off their allotment of phones yesterday, leaving buyers to check with AT&T Inc. Apple lists whether stores are out on its Web site.