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Monday, September 24, 2012


Apple this morning said it sold more than 5 million iPhone 5 units in the first weekend that the new version of the company’s smart phone was for sale. That’s certainly impressive: Give the phone went on sale at 8 a.m. Friday, that suggests over the 64-hour time period the company sold at least 78,125  phone an hour. Or 1,302 a minute. Or 21 every second.

But here’s the thing: There were estimates out there that were considerably higher. Piper Jaffray analyst Gene Munster had estimated that the company could sell as many as 8 million units, for instance.
The company said demand exceeded the initial supply. Apple added that the majority of pre-orders have been shipped to customers, but that many are scheduled to be shipped in October.
“Demand for iPhone 5 has been incredible and we are working hard to get an iPhone 5 into the hands of every customer who wants one as quickly as possible,” CEO Tim Cook said in a statement. “While we have sold out of our initial supply, stores continue to receive iPhone 5 shipments regularly and customers can continue to order online and receive an estimated delivery date. We appreciate everyone’s patience and are working hard to build enough iPhone 5s for everyone.”
#wish we could know the sales statistics for Nigeria alone......we are so crazy about phones in this part of the world,just wondering what ours would be.....LOL

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