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iPhone 4: 1.5 Million Sold on First Day

According to Oppenheimer’s Yair Reiner in a note to clients issued Friday, Apple sold 1.5 million phones on launch day.

We know that 600,000 units have been pre-ordered. Reiner estimates that 100,000 additional, non-reserved units were sold at Apple stores and that 50,000 were sold at Best Buy. He multiplied the final number by two to include international sales.

Piper Jaffray’s Gene Munster has a more conservative calculation: He thinks that Apple will sell between 1 million and 1.5 million iPhones in the first three days, including pre-orders.

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