Apple Inc. (AAPL): Demand Is “Incredible” For The New iPhones
Apple Inc. (NASDAQ:AAPL) has sold out of the iPhone 5s and many people are waiting in lines to buy either the 5s or 5c. The gold version of the iPhone has been especially popular overseas.
“Demand for the new iPhones has been incredible, and we are currently sold out or have limited supply of certain iPhone 5s models in some stores,” stated an Apple representative when interviewed by AllThingsD.
Availability of the gold iPhone 5s now says October with 7-10 day waiting times. The iPhone 5c has 1-3 day waiting times for all of the colors.
Apple Inc. (NASDAQ:AAPL) is expected to reveal the unit sales after this weekend. Piper Jaffray analyst reported that he is expecting Apple to sell between 5-6 million iPhones over the weekend.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry