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Apple Sells Half a Million iPhones in the First Weekend

The first numbers are in and it looks pretty good for Steve Jobs, Apple, and the iPhone. According to market research firm Piper Jaffray, Apple sold about 500,000 iPhones from 6 p.m. on Friday through end of business Sunday night -- 300,000 more than the market research firm originally estimated the company would sell.

In a report released by Piper Jaffray's Gene Munster, it was also revealed that ninety-five percent of buyers in San Francisco, New York and Minneapolis purchased the 8GB model iPhone (myself included) instead of the 4GB one. Also, about half of the 253 buyers surveyed were new customers to AT&T.

So, let's see, what's 500,000 times $650? Actually, I think I might need a calculator for that one. Someone hand me an iPhone.