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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Tuesday, June 29, 2010

Apple Fans Flock to iPhone 4

Apple said it sold more than 1.7 million iPhone 4 units in the first three days after the handset was launched.  “This is the most successful product launch in Apple’s history,” said Steve Jobs, Apple’s CEO.

iPhone 4 is available in the US for 199 US dollars for the 16GB model and 299 dollars for the 32GB model with a two-year AT&T contract. It is also available in the UK, France, Germany and Japan and Apple says the handset will be available in an additional 18 countries by the end of July—Australia, Austria, Belgium, Canada, Denmark, Finland, Hong Kong, Ireland, Italy, Luxembourg, Netherlands, Norway, New Zealand, Singapore, South Korea, Spain, Sweden and Switzerland. source: Apple statement

Investment bank Piper Jaffray estimates that 77 percent of those who purchased the iPhone 4 were upgrading from a previous iPhone model, according to Mobile Business Briefing.

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