Despite recall rumors iPhone 4 is the “most successful product launch in Apple’s history”

iPhone FacetimeRecently, the company is receiving a lot of concerns and messages regarding with the reception problems in the new company offering in the technology industry, iPhone 4. A lot of people who bought the iPhone have reported that once they start using the device, the signals drop once it’s held in a particular way. However, according to Steve Jobs, the antenna was specially developed and engineered in a new way, it seems to have affected its performance.

But still, on Monday, the Cupertino, California-based company released sales figures from the iPhone 4 opening weekend; they successfully generated a total amount of 1.7 million in just three days.

The company didn’t specify how many iPhone were sold on each day, so there is no way to confirm whether the device met a Bloomberg estimate that it would at least sell one million units on the first day it hits the market place. Those figures far exceeded the company prior release, which is the iPhone 3G and 3GS, which sold one million units in the first weekend of its availability in 2008 and 2009 respectively.

“This is the most successful product launch in Apple’s history,” Apple CEO Steve Jobs said in a statement. “Even so, we apologize to those customers who were turned away because we did not have enough supply.”

iPhone 4 Recall
From the last 52 week period, the value of Apple stocks (NASDAQ:AAPL) have almost doubled form its original amount, giving it a market cap bigger than Microsoft (NASDAQ:MSFT) whose dominance in the technology industry has been recently challenged.

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