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Analyst: 3 million iPhones sold in first month

CNN.com writes: "Talk about your summer scorchers.

One month after its debut, Apple's new iPhone has hit the 3 million sold mark, according to analyst Michael Cote of the Cote Collaborative.

"They are seeing unprecedented demand," says Cote, adding that there appears to be no signs of a let up yet. Cote, a former T-Mobile executive, has been extremely accurate with wireless predictions in the past.

An Apple spokesperson declined to comment on Cote's projections."

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