iPhone: 525K sold, activation issues and more

The iPhone launch went off on Friday with only a few minor glitches: Point of sale terminals went down temporarily, some iPhones wouldn't activate when users got them home and, of course, most people had to wait in line for a few hours. According to a report in The Wall Street Journal, about 2 percent of iPhones had activation issues.
Various analyst reports have estimated the number of Apple iPhones sold over the weekend at 500,000 (Piper Jaffray) or 525,000 (Global Equities Research), and about half of those phones went to existing AT&T subscribers. If the figures check out, this could be a big quarter for AT&T as far as subscriber adds are concerned