Apple iPhone may not be the hit we expected it to be after all. AT&T affirms that it has activated only 146,000 iPhones after the first two days of sales, though analysts predicted 500,000 to 1 million devices to be sold during the given period of time. Now analysts agree that the demand for the iPhone is falling.
How can this be?
Those relatively poor sales can be explained simply: many users had activation problems and couldn't register the device for a couple of days, so the actual number of iPhones sold may be much higher.