Apple smartphone passes 1m sales mark in 74 days.
Just 74 days after its official release, the iPhone has logged its one millionth sale.
Apple said that the threshold was crossed sometime on Sunday, 9 September. The news puts the one-millionth sale weeks ahead of Apple's own forecasts.
Chief executive Steve Jobs noted that the iPhone reached the milestone far faster than many of Apple's most successful products. The iPod, which had to initially overcome tepid sales, took nearly two sell one million units.
In a press release, Jobs boasted that the company will further accelerate sales. The executive last week dropped the price of the 8GB iPhone by 33 per cent to US$399, a controversial move amongst early adopters of the phone who had paid the original retail price of US$599.
After receiving a glut of e-mails from angry customers, Jobs offered previous buyers a US$100 credit to the Apple Store.
Even before the price drop, the iPhone was making news with its strong sales. In July, research firm iSuppli estimated that the device accounted for 1.8 percent of all handset sales.
The firm said that the iPhone's meteoric rise has been "unprecedented in the history of the mobile-handset market."