A week ago, Apple introduced the iPhone 5, the sixth version of its popular smartphone. The initial reactions to Apple鈥檚 announcement were mixed, with some being disappointed by the lack of surprises and others praising Apple鈥檚 decision to merely refine the iPhone鈥檚 proven design. Yesterday, the first official reviews came in and the verdict is overwhelmingly positive.
More importantly, the iPhone 5 appears to be a hit with consumers. According to Apple, the company received more than 2 million pre-orders within 24 hours, shattering the record previously held by the iPhone 4S. This Friday, the new iPhone will hit retailers in nine countries and analysts are expecting an unprecedented run on Apple鈥檚 newest gadget.
Piper Jaffray analyst Gene Munster predicts that Apple could sell between 6 and 10 million iPhones this weekend, which would give a significant boost to Apple鈥檚 results for the September quarter. It looks like Apple鈥檚 decision to move the iPhone鈥檚 launch to September could turn out to be a smart one, as it will likely help the company to avoid the negative press associated with another 鈥渄isappointing鈥 quarter.
Apple Sells 5 Million iPhones in 3 Days
Description
This chart shows pre-orders and three-day launch weekend sales of Apple's iPhone 4, 4S and 5.
