Please help us by taking our survey
macnn/ipodnn

01/25/2008, 3:40pm, EST

Friday, January 25th

Analyst: 'unlockers' bought 838,000 iPhones

Apple reported 3.7 million iPhone sales in 2007 when the company disclosed its December quarter financial results last week, but AT&T this week announced 2 million iPhone activations in the same time period. Piper Jaffray senior analyst Gene Munster believes that the remaining 1.7 million iPhones were divided up between U.S./European channel inventory (512,000 iPhones), 350,000 sales overseas, and about 838,000 handsets sold to 'unlockers,' or customers who bought the iPhone with the intention of using a cellular carrier other than Apple's exclusive partner.

Apple holds exclusive agreements with wireless carriers in most countries where its iPhone is available, resulting in revenue sharing between the carriers and Apple itself. The Cupertino-based company just reported its best quarter in history, driven by numerous factors which include better than expected iPhone sales.


Filed under: iPhone, Apple
Other story tags: AT&T

, , 5comments, del.icio.us, slashdot, digg, buzz


5 comments
Reader Reactions (Please use <i></i> for italic text)

subscribe to comments
for this article




Expand All   Global Settings
hmm...
0
01/25, 6:57pm, EST
More than 20% of sales were to people who unlocked them? That sounds pretty uhm... impossible.
Forum Regular
Joined Sep 2001
User is offline
True
0
01/26, 7:13am, EST
What to for people which Apple thinks "don't qualify" for iPhone? For those who don't live in 4 countries they sell but live in remaining almost 200 countries with total population of more than 5 bilion? This number is small enough.
Fresh-Faced Recruit
Joined May 2000
User is offline
I believe it.
0
01/26, 5:54pm, EST
One of my co-workers has been buying about 20 iPhones a week since November and shipping them to his friends in Bulgaria. He says they sell for a $300-400 markup over there. The Bulgarians pay him $100 over retail and he just pays kids hanging out at the mall $20 to buy the phones. He's been doing this since around Thanksgiving last year.

I don't really know why this wouldn't be a common situation. I'd probably start doing this myself If I had friends somewhere where the markup was this high.
Dedicated MacNNer
Joined Mar 1999
User is offline
not to forget downunder!
0
01/26, 10:07pm, EST
here in Australia iphones are available from shop front store and online

can order iphone unlocked for $600AUD delivered in a week...

works on all local phone networks..just swap the SIM

and ebay.com.au so plenty of availability..and plenty of interest

a million is a bit low considering other IT savvy countries would do the same..

canada/ireland/sweden/japan/china/italy/austria/switzerland

there's a market for a few hundred thousand without trying!
Fresh-Faced Recruit
Joined Jan 2008
User is offline
I believe it.
0
01/27, 2:20am, EST
Judging from the number of iPhones in use and in stores in Hong Kong, we must have tens of thousands here.
Mac Enthusiast
Joined Mar 2001
User is offline
Your Comments

In order to post comments: If you are a registered member, please login with your MacNN Forums username and password otherwise please uncheck the checkbox below.


Registered Member?
macnn forums login:

macnn forums password:

Not a member of the MacNN forums? Register now for free.

Buy from the Apple Store The Apple Store: Get great deals on the iPod video, iPod Radio Remote, Refurbished iPods starting at $79, iPod shuffle or iPod nano with free engraving, other iPod accessories for the road, or education discounts on iPods.

Check Out the VIERA from Panasonic!: Enter a New Visual Era with Panasonic VIERA HDTVs. An Enhanced Experience.

Looking for mp3.: Come and get your mp3. We have what you really need.


Buy from The Apple Store, iTunes.com, Amazon.com, TechDepot, OfficeDepot, Computers4Sure, or donate.