Apple has done it again. The iPod has already sold untold millions around the world. The iPhone has sold over 21 million units in just two years time. Now the release of the newest iPhone: 3G S; has sold over million units over its weekend release.

This beat analysts expectations. Nonetheless Apple’s stock did drop $2.11 to $137.37 during Monday’s trading, but this was part of a broader market sell-off.

The 3G S is the three iPhone model which boosts speed twice as fast at the current 3G [S stands for speed]. The phone also comes equipped with an improved camera and, a first for the iPhone, video recording and even on-hand video editing. Many of the new features of the iPhone 3G S, such as voice memos, search, improved stock listings; can be downloaded on to existing 3G models for free over the iTunes store. For iTouch, the software 3.0 upgrade retails for $10. Apple stated that 6 million users downloaded the 3.0 upgrade in the first five days of release [I was one of them].

The strong opening sales of the iPhone 3G S have provided, for now anyway, the Apple’s still got. Many analysts predicated that Apple would not be able to replicate the success of the first iPhone, especially during an economic recession. But people are still willingly to pay for a quality phone.

Yesterday, I witnessed this first hand when I went to an Apple store a little past eight in the suburbs. Even though it was a Monday night and near closing time, the store was packed and there was even a line outside for 3G S buyers! Apple can still bring ‘um.

Apple’s CEO Steve Jobs, who has been absent for medical leave, is expected to return to work sometime in late June.