Analyst Eightball: 1.5 Million iPhone 4s Sold, 77% Upgrades?

screen shot 2010 06 25 at 3 40 13 am Analyst Eightball: 1.5 Million iPhone 4s Sold, 77% Upgrades?

Piper Jaffrey’s Gene Munster interviewed 608 iPhone buyers in San Francisco, and found a number of interesting statistics:

  • 77% were upgrades, up from 56% in ’09 and 38% in ’08
  • 16% were switching to AT&T
  • 54% were buying the 32GB version
  • 28% already had an iPad, and 39% of those that didn’t were planning to in the next year.

From these interviews, he’s pegging the first three day’s sales at 1.0-1.5 million iPhone 4s, including pre-orders. Oppenheimer’s Yair Reiner is a bit more optimistic, claiming 1.5 million on the launch day. He calculates this by using the following logic: 600,000 pre-orders; 100,000 walk ins; 50,000 at Best Buy. He then multiplies the whole thing by two to account for the international market.

We’ll know for certain when Apple sends out a news release, but you can bet it will be a big number.

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