Piper Jaffray claims to know the sales numbers of the iPhone 3G and they are putting it at around 5 million ending this fourth fiscal year. It’s not a bad number though quite modest after Apple raised expectations by selling a million 3G versions of the iPhone on its first week. The 10 million units target for the entire 2008 year is still a mathematical possibility, though a hotshot coming out of T-Mobile could come in the way of Apple reaching that milestone.

[via cnet]