iPhone Updated, UBS Estimates 800,000 Sold This Quarter

Apple on Tuesday released its second software update for the popular iPhone, which has seen sales continue to soar even a month after its debut. Unfortunately, the company is providing few details of what's new in the update, citing only "Bug fixes," but we don't doubt users will rush to upgrade.

Meanwhile, the research arm of UBS said in a note Tuesday that it expects Apple to top its estimated sales of 730,000 iPhones this quarter. UBS says that it expects upwards of 800,000 iPhones to be sold in Apple's fiscal fourth quarter. Still, those numbers should be taken with a grain of salt, as some analysts predicted 500,000 iPhone sales in the first weekend when the numbers ended up around 270,000.

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