March 18, 2008

How Apple Will Sell 10 Million iPhones

Despite some recent doubts, Apple should meet its goal of selling 10 million phones in 2008. Despite a slowing U.S. economy, Apple Chief Executive Steve Jobs is sticking to his audacious goal of grabbing 1% of the worldwide mobile phone market by the end of 2008. On Jan. 15, Apple said it had sold 4 million iPhones since it went on sale June 29. That amounts to about 19,900 a day. To hit Jobs' goal, Apple will have to pick up the pace, selling 27,322 handsets a day, seven days a week, for all of 2008. (Forbes)