Thursday, July 5, 2007

Apple shares at new high on iPhone sales prospects

(Reuters) - Analyst estimates for iPhone sales in its first weekend run as high as 700,000 units, beating many investors' expectations, and some now expect the momentum to continue. The device went on sale last Friday.




AT&T Inc., the exclusive U.S. provider for the phone, said it had virtually sold out of the device in that time, though neither company has provided sales data.


Read more at Reuters.com Business News

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