Apple sold 700,000 IPhones

Now this is good news for all those APPL shareholders.

After speculation earlier in the week that Apple had sold between 400-500,000 iPhones, the actual new sales figures for the iPhone are even wilder than earlier figures: Apple and AT&T moved 700,000 iPhones to the close of business Sunday.

According to MacNN, Apple is said to have sold out of iPhones in 95 of 164
stores and AT&T has nearly depleted its entire stock. The report quotes
American Technology Research predicting that the iPhone would likely be
AT&T’s fastest ever selling product and that the iPhone could rank among the
fastest selling consumer electronics devices of all time.