Apple Sells A Whopping Four Million iPhones In Three Days, Stock Price Soars
If only we had purchased 1,000 shares ten years ago.
So much for consumers wanting iPhone 5. Although critics and disgruntled fans blasted Apple for announcing iPhone 4S instead of the next "true evolution" of the hit device, the company still managed to sell four million in just three measly days, Friday through Sunday.
This, despite most Apple stores having a healthy supply for those smart enough to get up at the crack of dawn. In fact, I was able to snag a 32GB iPhone 4S Saturday morning with little effort.
Me: "Hello. I would like an iPhone 4S."
Apple Store Employee: "Great. Black or white?"
So how did Apple achieve this insane number? Three carriers instead of one. From 2007-2010, AT&T had iPhone exclusively. Now, buyers can also pick it up on Verizon and Sprint.
"iPhone 4S is off to a great start with more than four million sold in its first weekend, the most ever for a phone and more than double the iPhone 4 launch during its first three days," said Apple's senior vice president of Worldwide Product Marketing Philip Schiller.
"iPhone 4S is a hit with customers around the world, and together with iOS 5 and iCloud, is the best iPhone ever."
Have to say, we wholeheartedly agree. Hands free texting, Siri and that 8 mega pixel camera are just three reasons why switching to 4S is a smart idea.
In other news, Apple's stock has been stronger than ever, currently sitting at 425.33 a share. And to think, it was less than seven bucks when I attended college.