Today Apple has announced that it has sold 1 million iPhones since the product’s launch on June 29. In a press release issued today, Steve Jobs notes, “One million iPhones in 74 days—it took almost two years to achieve this milestone with iPod.”

As noted, the iPhone has been on the market for 74 days. If you do that math, that calculates to roughly 13,514 iPhones sold each day, 563 sold each hour, and nine every minute--and that’s just in the United States! They’re a long ways off from McDonald’s claim of “Billions and billions sold,” but one million iPhones in 74 days is nothing to sneeze at.

Needless to say, the $200 price cut likely wasn’t much of a factor, being it was announced a mere five days ago.

How big a deal is this? The local morning news on channel 4 in the Bay Area referred to it as a developing story; go figure.