Well people, it is safe to say that Apple's iPhone 5 is sold out and its not even the been released! On Friday it was reported that in a very short times the order started kicking in once the device was presented on September the 12th. Soon enough we had reports that the iPhone 5 was sold out from the official website. This latest turn of events has made Apple's stocks sky rocket and its shares record high! Along with a series of legal deputes that Apple has won against Samsung, Motorola and Google this seems like a very good year for Apple and the iPhone 5 comes like a cherry at the top!
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| The iPhone 4 standing next to the smaller iPhone 4S |
The order via the online store are closed for the time being and those who have ordered the the new iPhone 5 can expect to get their latest tech gadget on September the 28th, a full week after it gets released into the open market via carriers and shops.
"The initial batch is sold out," said Shaw Wu, an analyst at Sterne Agee & Leach Inc, indicating that there will no doubt me more goodies and offers from Apple for the iPhone 5.
While experts are saying that the iPhone 5 isn't selling as fast as the previous model but that does not necessary mean that Apple won't be earning a lot of revenue. In fact, it is expected that 58 million of the latest iPhone 5 devices may be sold out by the end of the year. This would generate as much as $36.2 billion in sales for the mobile industry giant, Apple.
The iPhone 5's price is brought down to as low as $199 for those who want to get the device via carriers such as Verizon and AT&T. Carriers are complaining that this a double-edged sword as it will cost them a lot of money in the start to give out these iPhone 5 units for such as cheap price, considering how much they bought them for from Apple. However, they should earn a lot since it is a two-year contract that their new clients will be signing so everyone should be happy in the end.
Craig Moffett at Sanford C. Bernstein said on Friday:
"The iPhone is a double-edged sword for the carriers. While the iPhone helps fuel customers' use of data, leading to higher phone bills, the initial costs create short-term pain."
Even the pre-orders for iPhone 5 are out, people are really excited about this phone.
ReplyDeleteDefiantly apple this time also will sell so many of iPhone. All new iPhone comes with many new features..
ReplyDeleteCustomers from Austria, Belgium, Czech Republic, Denmark, Estonia etc. may have to wait till September 28, for iPhone 5.
ReplyDeleteAlex
I believe that these iphone5 is not the one that has the grandest features of apple. They soon will replace i with a new and trending hit.
ReplyDelete