working for the Bank of America claim to have the inside trouser measurement of the release of Apple's 3G version of the iPhone.
According to Apple Insider, the Bank is certain that the phone will be shown off in May and that previous predictions about its success have been too low. Financial analyst Scott Craig points to channel investigations which shows an iPhone capable of faster, third-generation cellular Internet access produced in small numbers in May, with a larger number surfacing in June.
The Bank of America researcher estimates about three million 2G and 3G iPhones made during the spring quarter and a much larger eight or more million during the summer. If these figures are right, then it means that the numbers of iPhones out there has exceeded expectations.