1.7 million people can’t be wrong

Were you one of the 1.7 million lucky ones?

Apple has said that it sold more than 1.7 million units of the iPhone 4 in the first three days, making it the most successful product launch in the company’s history from the standpoint of sales.

A quick back of the fag packet calculation shows that the iPhone 4 has given Apple and the Apple economy a boost of around £800 million, and it could have been much much more if Apple had been able to get more stock to the shops in time for the launch.

The iPhone 4 went on sale on the 24 June in the US, the UK, France, Germany and Japan and the much anticipated high demand caused queues around the block in all of those countries.

“This is the most successful product launch in Apple’s history,” said Steve Jobs, Apple’s CEO. “Even so, we apologize to those customers who were turned away because we did not have enough supply.”

Some stores sold out within hours. Analysts have said Apple is having a hard time procuring enough parts for the phone, such as its new higher-resolution screen. Apple has said the white iPhone it plans to produce has been more challenging than expected and won’t be available until late July. Only black models went on sale Thursday.

Apple sold more than 1 million units in the first three days when it launched last year’s model, the 3GS. Canada, Italy, Spain and Switzerland were then among the launch countries, but Japan was not.

We confidently predict Apple will be well on the way to a £1 billion in revenue by the end of the week, is it time for Apple to stop calling itself a computer manufacturer and instead call itself a mobile phone manufacturer.

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