Verizon iPhone 4 Pre-Sales Now Estimated At Over 500,000

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The game of guesstimating sales. Or what we should refer to as analysts offering an educated guess in terms of how many units a company has sold when that particular company is vague in terms of numbers. Of course, by that we are referring to Verizon and their “most successful first day sales” announcement for the iPhone 4.

I guess we should offer a brief recap of that news, it stated that Verizon had sold more phones than any first day launch in the first two hours — from 3AM till 5AM. That said, we had also seen some previous analyst estimates which pegged the sales at around 100,000. But man, how things change in just a few days time.

And moving forward till today and we have a new analyst estimate and a sales number that is five times what we previously saw. The new numbers are coming by way of Phil Cusick from JP Morgan who has “estimated that more than 500,000 Verizon iPhones were sold on day one.”

As to where Cusick is basing his numbers from, the sales of the original Droid, which were 100,000 when it launched back in November of 2009. Based on that, one would have to assume that Verizon sold at least 100,000 in those first two hours.

Furthermore, Cusick goes on to state the he believes the iPhone will “easily beat the 1.6 million Droids sold mark for the fourth quarter of 2009.” And while I am fairly neutral in the OS smartphone wars, that does not surprise me all that much. After all, people may like the Droid, or Android in general however many have been waiting a long time for the iPhone to arrive with Verizon. But fanboys wars aside, the competition amongst smartphones is bound to be a good thing for users of every mobile operating system including iOS, Android, webOS and Windows Phone 7 to name a few.