Filed under: From the boards, Apple Inc (AAPL), iPhone, Stocks to Buy

An old expression states that once someone has tasted fine grapes, why should he go back to raisins? Same holds true for Apple (NASDAQ: AAPL) and its iPod and iPhone sales. Investors have been spoiled by the overwhelming success of the iPod and naturally expect the same with the iPhone.

Seventy-four days after the launch of the revolutionary iPhone, Apple has announced it has sold its one-millionth unit! For some perspective here, it took Apple almost two years to sell its one-millionth iPod unit. Currently, Apple has sold over 110 million iPods globally since the official launch in 2002. If it took Apple two years to sell the first million, that mean that it is only since 2004 that Apple has sold 109 million units of iPod.

iPhone has accomplished in 74 days what took the iPod two years, albeit, the massive marketing and media hype did not surround the initial launch of the iPod. The normal first reaction to iPod was “what in the heck is this thing?!”

Continue reading Apple (AAPL): iPhone does in 74 days what the iPod did in 2 years

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This entry was posted on Monday, September 10th, 2007 at 5:58 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.