Apple: iPhone Sales are Fine, iPhone in Europe Q4 2007

As we predicted yesterday, Apple released sales figures today that calmed some of the uproar over AT&T's lower-than-expected iPhone activation numbers, which AT&T published yesterday. Apple reported that it sold 270,000 iPhones over the first two days that the iPhone was available for purchase.

The misplaced worry that resulted from AT&T's activation numbers for the same two days (146,000) and led to more than an 8% drop in AAPL share prices yesterday has been relieved by the Apple clarified sales figures. Currently, Apple share prices have rebounded are are up almost 6%.

As mentioned here, the discrepancy in the Apple and AT&T numbers most likely results from a lag in iPhone activations caused by technical difficulties experienced by AT&T and Apple during the iPhone launch weekend.

Apple brought more good news to the table, as well. The company confirmed that it will launch the iPhone in Europe during the fourth quater of 2007. According to

Peter Oppenheimer, Apple's CFO, "we are on track to begin selling the iPhone in Europe during the fourth calendar quarter of this year." Oppenheimer added that the European rollout would likely start small and increase through 2008.

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