One Million iPhone Sold In 74 Days After Launching And Price Cut

This set another milestone for Apple, by selling one million iPhone in 74 days after the initial launch, which is almost three weeks ahead of schedule. Apple earlier had forecast that iPhone sales would hit the 1 million mark by the end of this month. It took almost two years to achieve this milestone with iPod. Apple also announced last week to cut the price of its 8-gigabyte iPhone by 200 dollars to 399 dollars, and said it would discontinue the 4-gigabyte version of the iPhone. Apple expects to sell 10 million sets of iPhone next year.

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