Iphone 500,000-plus sales!

Apple put the iPhone on sale Friday evening at its own stores and those operated by carrier partner AT&T. According to a Bloomberg News report today, Goldman Sachs analyst David Bailey estimated iPhone sales at 700,000 (twice his original forecast), and Piper Jaffray analyst Gene Munster put sales at the half-million mark (he earlier had predicted 200,000). "This is a very successfully handled launch," Munster told Bloomberg. More than a third of Apple’s 164 retail stores were out of stock by Sunday night, according to the company’s Web site. AT&T, the exclusive provider of wireless service for the iPhone, said most of its 1,800 stores sold out within 24 hours.

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