Report: iPhone Sales Up 56% After Price Cut

Having jumped 200% immediately after the Sept. 5 price cut, sales of iPhones at Apple’s (AAPL) flagship stores stabilized at about 142 per day, up roughly 56% from 91 per day before their price dropped $200, according to a report issued today by Piper Jaffray.

Analyst Gene Munster and his team of researchers spent 12 hours counting sales in Apple stores in New York, Chicago and San Francisco in late September and compared their findings with 50 hours spent in Apple stores in July and August. Their results are summarized in the table below: