iPhone Sales in 2008

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Piper Jaffray's Gene Munster, the Street's Apple (AAPL) uber-bull, this morning raised his estimate on iPhone unit sales for the fiscal fourth quarter ending September to "at least" 4.47 million units, up from his old estimate of 4.1 million. Munster reached that conclusion after his minions spent 25 hours counting iPhone sales in Apple retail stores around the country. He estimates that Apple sells 95 iPhone 3Gs per day at each of its 188 U.S. retail stores.

How many total units of the iPhone will Apple sell in 2008?

- Apple sold 2.3 million iPhones in Q1 2008
- Apple sold 1.7 million iPhones in Q2 2008
- the Apple iPhone 3G first made its global debut on July 11

inspired by: http://blogs.barrons.com/...

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STEP 1: My Answer

	ZiiValue (chance)	Answer	MyAnswer (which outcome happened?)	Possible Outcomes
	2%		Less than 4 million units	Less than 4 million units
	12%		4 - 6 million units	4 - 6 million units
	72%		6 - 8 million units	6 - 8 million units
	14%		More than 8 million units	More than 8 million units

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