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Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared BP market losses hit $100 billion on spill cost fears 8:34am EDT New troubles at Al Gore's Current TV 12:04am EDT Lawmakers agree on historic Wall St reform at dawn 11:37am EDT Australia gets first woman PM | Video 24 Jun 2010 Illegal Sarah Palin defense fund must give back donations 8:16am EDT Methane in Gulf "astonishingly high": U.S. scientist 22 Jun 2010 UPDATE 1-US judge denies stay on drill ban ruling 24 Jun 2010 Miley Cyrus "no underwear" photo is fake, blogger says 15 Jun 2010 Factbox: Highlights of U.S. financial regulation reform bill 6:00am EDT Disease risk higher for swingers than prostitutes 23 Jun 2010 Methane in Gulf "astonishingly high": U.S. scientist 22 Jun 2010 U.S. scores dead last again in healthcare study 23 Jun 2010 Illegal Sarah Palin defense fund must give back donations 8:16am EDT New troubles at Al Gore's Current TV 12:04am EDT Frenchman who ate cellmate's lung gets 30 years jail 24 Jun 2010 Nine in 10 Americans eat too much salt: CDC 24 Jun 2010 Lawmakers agree on historic Wall St reform at dawn 11:37am EDT BP market losses hit $100 billion on spill cost fears 8:34am EDT Factbox: Highlights of U.S. financial regulation reform bill 6:00am EDT Internet bosses set to approve .xxx for porn sites 24 Jun 2010 Oppenheimer sees iPhone 4 sales of 1.5 million on first day Fri Jun 25, 2010 10:38am EDT Ben Paton from Somerset, the first person to buy the new Apple iPhone 4 in Britain, poses with his phone inside the Apple store in central London June 24, 2010. Credit: Reuters/Paul Hackett (Reuters) - Oppenheimer estimated first-day sales of Apple's iPhone 4 at 1.5 million units, surpassing previous iPhone launch sales. ipad The company had sold a million units of the previous version of the iPhone -- the 3GS -- in its debut weekend in 2008. Oppenheimer, which has an "outperform" rating on the stock, also raised its fiscal 2010 earnings estimate for Apple to $14.52 from $14.01 a share and fiscal 2011 estimate to $17.96 from $16.71 a share. Of the 46 analysts covering the stock, 42 have either a "strong buy" or a "buy" rating, according to Thomson Reuters Starmine data. The latest iPhone, which makes possible video calls, can handle multiple tasks simultaneously and has longer battery life than previous versions, went on sale Thursday in stores in the United States, Europe and Japan. It sold a record 600,000 in pre-orders in a single day last week [ID:nN16208936]. The phone's exclusive U.S. carrier AT&T Inc had said last week it had halted pre-orders and that sales would resume as soon as inventory becomes available. Shares of Apple were down $2 at $267 in morning trade Friday on Nasdaq. (Reporting by Jennifer Robin Raj in Bangalore; Editing by Saumyadeb Chakrabarty) ipad Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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