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Apple sells over 10 million iPhone 6s in 72 hours

Apple sells over 10 million iPhone 6s in 72 hours
September 22
16:29 2014

World’s most valuable company, Apple says the iPhone 6 and iPhone 6 Plus models sold over 10 million units on its first weekend compared to over 9 million sold in the same period for iPhone 5c’s and 5s’ in September 2013.

The sales figure was announced three days after iPhone6 and iPhone 6Plus models were launched.

Apple CEO, Tim Cook, described this sales result as “the best launch ever”.

Last Monday, Apple announced that it had received over 4 million pre-orders for the two iPhone 6 models in the first 24 hours.

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The news of the iPhone6 first weekend sales colludes with the expectation of analysts over the weekend that anything over 10 million units would be considered a “positive surprise”.

“Anything above 10million units should be considered a positive surprise given limited supplies (represents about 11 per cent year-on-year growth over the opening from the iPhone 5S/iPhone 5C last year). Any growth this weekend is positive, considering it is so hard to get the 6 Plus and the compare from last year, included China,” Ben Reitzes of Barclays said over the weekend.

Speaking on the sales record, Tim Cook said the sales for iPhone 6 and iPhone 6 exceeded the company’s expectations for the launch weekend.

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“While our team managed the manufacturing ramp better than ever before, we could have sold many more iPhones with greater supply and we are working hard to fill orders as quickly as possible,” Cook said.

Although the new announcement denotes the new iPhone6 as a cash cow for Apple, market analysts have warned  investors that the first weekend sales for iPhones is a meaningless figure since it really only represents Apple’s supply.

“We caution investors that first weekend sales for iPhones is a meaningless figure since it really only represents Apple’s supply. Demand is clearly there for the phones – in the tens of millions right now and significant demand will likely spill out of September into future months,” Reitzes said.

The new iPhones which comes in gold, silver or space gray includes iOS 8 – the biggest release since the App Store, featuring a simpler, faster and more intuitive user experience with new Messages and Photos features, predictive typing for Apple’s QuickType keyboard and Family Sharing.

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IOS 8 also includes the new Health app, giving you a clear overview of your health and fitness data and iCloud Drive, so you can store files and access them from anywhere.

The device is presently available in the US, Australia, Canada, France, Germany, Hong Kong, Japan, Puerto Rico, Singapore and the UK and will be available in 115 countries by the end of 2014.

Key word: Apple iphone6, Apple iPhone6plus, Apple iPhone sales, world’s most valuable company, iphone6 first sales

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