Sep 24 2013, 7:59am CDT | by Ehsanul Haque Kanan
Apple CEO Tim Cook states that it is the tech giant’s best iPhone launch yet, setting a new record for first weekend sales. He also adds, “The demand for the new iPhones has been incredible, and while we have sold out our initial supply of iPhone 5S, the stores continue to receive new iPhone shipments regularly.”
Shares of Apple also see a significant increase. According to The Guardian, the shares of Apple rose more than 5% to $492, enhancing its value by $4bn.
The gigantic figure almost doubles Apple’s record of five million iPhone 5 sales, back in 2012.
Apple’s outstanding sales figure puts its two other major competitors, Nokia and Blackberry, into a tremendous pressure. The value of the new iPhones has been found significantly more than the handsets of Nokia. On the other hand, Blackberry has been able to ship only 3.7m phones in the last three months.
After going through a lot of criticism due to the high price and lack of innovation in the design of the new iPhones, Apple has really come back with a great answer, setting a record breaking first weekend sales and exceeding all the expectations of the recent forecasts. The tech giant is expected to break more records with its new iPhones as the response and excitement of the customers is beyond expectation.
Ehsanul Haque Kanan
Ehsanul Haque Kanan is covering consumer electronics with passion. He is especially an avid follower of all things Apple.
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