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iPhone Sales Reposts Strong

The iPhone 3G sales have been booming, according to recent reports, and it appears it will sell even more in Q4. In fact, it is now estimated that Apple Inc will be shipping 5 million units for Q4, which ends on September 30th.

This new estimate has Apple targeting 7.4 million iPhones before the holiday season even starts. While this is a drop down from the previous estimate that had Apple producing 800,000 iPhones a week, it is still rather impressive given its price and the economy in many parts of the world right now, especially the US.

So what does this really mean? Apple will need to sell 2.6 million iPhone 3Gs by the end of the year if they are to meet their original goal of 10 million phones sold.