Just as we all expected, the price drop of the iPhone immediately meant more units sold. This is similar to the price drop the PlayStation 3 experienced in the past. Everybody wants technology and if it is cheaper then even more individuals are going to buy gadgets. Gene Munster, analyst with Piper Jaffray recently claimed that iPhone sales went up a mile after the price drop. Before it there were around 9,000 of these mobile phones being sold per day while after transformed into around 27,000 iPhones per day, especially in the period between September 5 and September 9. Now the price cut proved to be beneficial when it comes to units sold but we still need to see for how long this will last.