DIGGING DEEPER INTO BLOWOUT FIRST WEEKEND IPHONE SALES $AAPL
This morning Apple (AAPL) issued a press release with the title ‘First Weekend iPhone Sales Top Nine Million, Sets New Record.’ On the surface, every word in this title is true but digging deeper shows that the record may not be as good as it seems.
The previous record was 5 million iPhone 5 phones sold over the opening weekend. Despite the big numbers, comparing the most recent launch with the prior launch of the iPhone 5 may result in some erroneously bullish conclusions. Here’s why.
China
iPhone 5 was released in nine countries: Australia, Canada, France, Germany, Hong Kong, Japan, Singapore, U.K.,… Please click here or the title below to read more.
September 23, 2013