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iPhone 4 Smartphone Sales: Bookie Offers Odds

Written by:

Aaron Goldstein

Published on:

Jun/25/2010

The online gambling website Bookmaker.com has released odds on sales of the new iPhone 4 Smartphone.

This has caught the attention of various tech sites.

From the DotGizmo website:

"I guess some people really will bet on anything. Oddmakers have set the odds on how many iPhone 4 smartphones Apple will sell today. The odds are being set by Bookmaker.com. The odds of between 200k and 750k iPhone 4 handsets selling today are listed as..."

Well, Bookmaker.com has since pulled its odds on the iPhone 4 Smartphone sales since the product is now on the market.

Typically, Bookmaker.com offers odds on latest gadgest such as the iPhone and iPad.

Incidentally, analysts suggested this week that 77 percent of sales of the new phone were upgrades.

Piper Jaffray analyst Gene Munster says that Apple has built a recurring revenue stream from a growing base of loyal users.

"While we think Apple will sell between 1.0 million to 1.5 million iPhones in the first three days (including pre-orders), the actual number is largely irrelevant," he writes. "Apple is tapping into the global consumer spending sweet spot, mobile, and as a result iPhone numbers are going higher in the coming years."

Aaron Goldstein, Gambling911.com

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