• 250,000 Unlocked iPhones

    Well we all know that apple is pulling in the cash, especially with the 1.4 million iPhones sold this quarter. Evidentially iPhone modders are sticking it to the man, as announced in their quarterly earnings report.

    Timothy D. Cook:

    Toni, we were very happy with the elasticity that we saw. It enabled us to far surpass our expectation of hitting around a million units cumulatively by the end of the quarter. Some number of these were sold to people that have an intention to unlock and where we donít know precisely how many people are doing that, our current guess is there is probably 250,000 of the 1.4 million that we sold where people had bought them with the intention of doing that. Many of those happened after the price cut.
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