While no official estimates are available, Apple could take in as much as $1 billion in the initial launch of the 3G iPhone, which is scheduled to go on sale in 22 countries on Friday.
Apple on Tuesday said its U.S. stores would open two hours early, at 8 a.m. local time, for what will likely be the biggest product launch of the year for the computer and consumer electronics maker. AT&T (NYSE: T), the exclusive wireless carrier for the smartphone in the U.S, will open its stores at the same time.
More Personal Tech InsightsWhite PapersThe Friday ITch: Season 2, Episode 1 Demo: MagicJack iSuppli estimates Apple will need 1 million to 2 million iPhones on hand to meet initial demand worldwide. The market researcher also believes Apple makes $499 for every phone sold. Assuming that number is correct, the company could take in as much as $1 billion.............
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