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November 21, 2024
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TECHNOLOGY

iPhone 6 Sales The Best Ever

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Apple Inc said it sold more than 10million iPhones in the weekend after its new models went on sale on Friday.

CEO Tim Cook said the company could have sold even more iPhone6 and iPhone6Plus phones if supplies had been available.

Apple booked a record number of pre-orders, 4million, on the day pre-ordering opened, September12.

First-day pre-orders of the new phones, which went on sale in 10 countries, far surpassed the 2million first-day pre-orders for the iPhone5 model two years ago.

Apple’s shares were little changed at $101.03 in early trading on the Nasdaq exchange on Monday.

Apple’s first-quarter revenue is likely to be 9% higher than Wall Street estimates, based on reported sales and projected demand for the iPhones, Piper Jaffray & Co analyst Gene Munster said.

He expected earnings a share to be 12% higher than previous estimates.

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

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Last year, Apple sold 9million iPhone 5S and 5C models in 11 countries, including China, in the first weekend on which they were available.

Sales of the latest models in China, the world’s biggest smartphone market, have been delayed by regulatory issues.

The company said last week that many US customers would have to wait until next month for their new iPhone because of the high demand.

The new iPhones will be available in 20 more countries on Saturday, Apple said.

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