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The iPhone sales estimate guessing game

By Tim Faulkner, 7:23 PM on Mon Jul 2 2007, 965 views (Edit, to draft, Top, Slurp)

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According to leading financial analysts, Apple's weekend iPhone launch was either pretty good (250,000 units - Shaw Wu, American Technology Research) or really damn good (700,000 units - David Bailey, Goldman Sachs Inc.) or somewhere in between (312,000 units - Bill Shope, J.P. Morgan Securities, Inc; 500,000 units - Gene Munster, Piper Jaffray; 525,000 units - Trip Crowley, Global Equities Research). Demonstrating exactly how helpful analysts and their estimates can be.

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