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iPhone sales below expectations

FROM VARIETY: Apple product sold 27,000 in first 30 hours

By Steven Zeitchik of Variety -- Video Business, 7/26/2007

JULY 26 | FROM VARIETY: Apple's iPhone had more press than sales in its first several days of release.

In the 30 hours after it debuted, the device sold 270,000 units -- below the expectations of Apple and pundits, some of whom were forecasting sales of well over half a million.

Read the full story on Variety.com.

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