Estimate: One-day iPhone 4 sales hit 1.5 million

Estimating Apple sales numbers requires a heavy dose of guesswork, but Oppenheimer analyst Yair Reiner has suggested that Apple sold 1.5 million iPhone 4s by June 24th.

All of the anecdotal reports I received from people across the country told the same story: huge numbers of people standing in line for hours. It looks like Gizmodo’s week of incessant free promotion worked quite well.