With the devices going for $500 to $600, that’s around $250 to $300 million in cash changing hands, depending on the mix of 4GB and 8GB units sold.With margins on the device in the <20-50%> range (probably closer to the lower end), that leaves an
Not a poor weekend for Apple.
Friday through the close of business on Sunday.
Piper Jaffray’s Gene Munster is estimating Apple sold half a million AT&T iPhones from 6 p.m.
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