The LA Times is reporting that Apple has sold 525000 iPhones since last Friday. Now that's one heck of a launch if you ask me.
It's reported that half of the stores on the western seaboard sold out by Sunday. Apple and AT&T didn't comment on the story. Analysts believe Apple netted around $300 million in the weekend frenzy, and this didn't go unnoticed on Wall Street.
Not only is Apple making money on sales of the device, but it's also taking a piece of AT&T's iPhone income, which is estimated at around 10%. It might be overpriced, overrated and overhyped, but it's making obscene amounts of money and it's here to stay. You gotta love Apple's marketing people, we salute them.