Apple announced today that only 74 days after the highly hyped and anticipated June 29 launch of the iPhone the company has now sold their one millionth unit, and the holiday shopping season hasn’t even hit yet.

Steve Jobs noted in the release from Apple that it took almost two years for the company to sell one million iPods, which makes this a pretty impressive feat. With the holiday season coming and a recent $200 price cut on the 8GB model, the company likely stands to sell quite a few more.

Also, consider how many of those iPhone sales were the 8GB model sold at full price, where Jobs and company are going to be crediting $100 for each one. But, we’re guessing this was planned from the beginning and Apple can grab that extra $100 million from its petty cash jar.

Announcement