September 23, 2013 8:34am
Apple launched the new iPhone 5c and 5s last Friday and the company has communicated first weekend sales. Apple previously stated that ‘demand for the new iPhones has been incredible,’ but according to the press release, over 9 million new iPhones (iPhone 5c and 5s) were sold in the first three days. No word on how many of the 9 million units are directly attributed to Canada.
This number is well above the 6- 8 million that analysts were predicting. In addition, the number of devices to be updated to the new iOS 7 has topped 200 million since last Wednesday – Apple states that this sets the record for being “the fastest software upgrade in history.”
Tim Cook, Apple’s CEO, stated “This is our best iPhone launch yet―more than nine million new iPhones sold ― a new record for first weekend sales. The demand for the new iPhones has been incredible, and while we’ve sold out of our initial supply of iPhone 5s, stores continue to receive new iPhone shipments regularly. We appreciate everyone’s patience and are working hard to build enough new iPhones for everyone.”
Update: Based on the success of the iPhone, Apple is also expecting Q4 revenue to soar. According to a filing with the U.S. Securities and Exchange Commission, Apple noted that they expect the ‘total company revenue for the fourth fiscal quarter to be near the high end of the previously provided range of $34 billion to $37 billion, and expects gross margin to be near the high end of the previously provided range of 36% to 37%.’